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SELLER 'S SUITABLE HOUSING ADDENDUM TO PURCHASE AND SALES AGREEMENT New Hampshire Association of REALTORS Standard Form This Addendum is to the Purchase and Sales Agreement (Agreement), between (Seller).

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To put it simply, a seller can back out at any point if contingencies outlined in the home purchase agreement are not met. ... A low appraisal can be detrimental to a sale on the seller's end, and if they're unwilling to lower the sale price to match the appraisal value, this can cause the seller to cancel the deal.

Sellers who are concerned about finding a new home can make the sale contingent on their ability to get a new home under contract. A replacement contingency clause should set a specific point at which the accepted offer becomes official and the clock starts ticking toward closing.

A contingent house listing means that an offer on a new home has been made and the seller has accepted it, but before the final sale can advance, some criteria needs to be met.

A suitable property contingency in real estate is a condition that can be included in a listing that means that any buyer who makes an offer on the subject property needs to understand that the sale of the property is contingent upon the sellers finding a property within a specified amount of time which is negotiable.

A contingency clause often states that your offer to buy property is contingent upon X,Y, & Z. For example, the contingency clause may state, The buyer's obligation to purchase the real property is contingent upon the property appraising for a price at or above the contract purchase price.

A contingent house listing means that an offer on a new home has been made and the seller has accepted it, but before the final sale can advance, some criteria needs to be met.

A contingency clause defines a condition or action that must be met for a real estate contract to become binding. A contingency becomes part of a binding sales contract when both parties, the buyer and the seller, agree to the terms and sign the contract.

The home of choice contingency - sometimes also known as a suitable property contingency - is essentially the seller's answer to the home sale contingency. This contingency is used in the event that the sellers find a buyer for their home before they've found anywhere to move.

The goal is to sell the property with the best price and terms and to do that, owners will likely be required to accept certain contingencies. ... This is good for the buyer and it's also good for the seller. If you're a seller, you don't want to waste precious marketing time with a buyer who cannot qualify for financing.

A contingent house listing means that an offer on a new home has been made and the seller has accepted it, but before the final sale can advance, some criteria needs to be met.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232