Wednesday, December 15, 2010

Counting days on home sale contingencies in real estate contract


One portion of the sales contract discusses "computation of days". How days are counted by the contract and the parties for contingencies? Know how days are counted when writing a contract and if it is a short sale ask how the seller's lender counts days it needs for reviewing offers. Some contracts consider the end of the 1 day to be at a certain time of the day (not midnight).

When you have signed a sales contract take out your calender,day timer,open outlook or whatever program online you use,count the days for each contingency and mark them down so you don't forget/overlook the date. Time flies, but don't let it pass you by.
If you are ever unsure or confused about contingency dates,ask your realtor.

Thinking of listing your home for sale or looking to buy a home?
I will walk you every way through the contract. I am here to help.
And, I always have time for your referrals,

Adam
adambashein@mris.com
www.basheinhomes.info
CELL: 301-943-4370

Adam Bashein
Licensed in MD & DC
301-718-4100
7821 Tuckerman Lane
Potomac,MD 20854

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