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Seller FAQ |
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Escrow & Closing Costs |
 What
contingencies should be put in an offer?
Where do I get information
about closing cost? |
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Question: What contingencies should be put in an offer?
Answer: Most
offers include two standard contingencies: a
financing contingency, which makes the sale dependent
on the buyers' ability to obtain a loan commitment
from a lender, and an inspection contingency,
which allows buyers to have professionals inspect
the property to their satisfaction.
A
buyer could forfeit his or her deposit under
certain circumstances, such as backing out
of the deal for a reason not stipulated in
the contract.
The purchase contract must include
the seller's responsibilities, such things
as passing clear title, maintaining the property
in its present condition until closing and
making any agreed-upon repairs to the property. |
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Question: Where do I get information about closing costs?
Answer: For
more on closing costs, ask for the "Consumer's
Guide to Mortgage Settlement Costs," Federal
Citizen Information Center, Pueblo, CO 81009;
(888) 878-3256 |
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FEATURED PROPERTIES |
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| City |
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Foster City |
| Bed/Bath |
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3/2 |
| Sq ft |
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1,540 |
| Asking Price |
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$798,000 |
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| City |
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San Mateo |
| Bed/Bath |
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2/2 |
| Sq ft |
| |
N/A |
| Asking Price |
| |
$529,000 |
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| City |
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San Mateo |
| Bed/Bath |
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2/2 |
| Sq ft |
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1213 |
| Asking Price |
| |
$535,000 |
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| City |
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San Mateo |
| Bed/Bath |
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3/2.5 |
| Sq ft |
| |
1312 |
| Asking Price |
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$775,000 |
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| City |
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Redwood City |
| Bed/Bath |
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5/3 |
| Sq ft |
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N/A |
| Asking Price |
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$1,399,950 |
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| City |
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San Mateo |
| Bed/Bath |
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2/2.5 |
| Sq ft |
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1,254 |
| Asking Price |
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$750,000 |
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| City |
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San Mateo |
| Bed/Bath |
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2/1 |
| Sq ft |
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1,130 |
| Asking Price |
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$935,000 |
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| City |
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Redwood City |
| Bed/Bath |
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4/3.5 |
| Sq ft |
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2,951 |
| Asking Price |
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$1,626,000 |
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