Amanda Alejandro, president of The Realty Shop STL outlines how long you should wait if you don’t like an offer, and what other elements to avoid that are wasting your time.
On a standard residential contract, there are about 23 contingencies. It’s important to sit down with a real estate advocate to go through those contingencies to make sure the contract will perform to your expectations. Inspections, title, lending, appraisal and so much more are some of the contingencies that many buyers and sellers underestimate that impact the outcome of the sale.
Real Estate laws do change often, so even if you have bought and sold a few homes, a real estate advocate is the expert to help you maximize your expectations.
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