Sunday, November 29, 2009

Residential Real Estate Tips


This is another great tip that I thought you may be interested in reading about



In residential real estate matters we often find the sellers having to deal with buyers who enter into an offer and use the conditional clauses to back out even where the buyer never sought to fulfill the condition.

This of course leads to delay in the seller’s ability to dispose of the property and may cause the seller some monetary loss.

One way to avoid this scenario is to phrase the conditions in such a way that the buyer needs to show evidence of the non-fulfillment of the condition or waiver of same by a certain date otherwise the agreement will be considered firm and binding as of that date.

Needless to say buyers will not be happy with such clauses but at least the seller can then decide if he/she/they would risk the deal by insisting on that wording.

I hope you find our hints helpful!

from Burhana Bello-Ayorinde

I hope this finds you Happy and Healthy!

All the Best!


A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS Newsletter
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987

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