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"An Excellent Experience"
"My wife and I had an excellent experience working with The Daniels Team...Thank you both again"
Mr. & Mrs Morini
"Clean & easy experience"
"This was a clean and easy experience buying a house, even when we live in another state. Thank you for all of your help."
Mr. & Mrs. Holden
Great Coordination
"Did a superb job of listing and selling our previous residence, working with us to secure a new home loan, and coordinating the closings of both."
Mr. and Mrs. Anderson
Short Sale Challenge
"I was impressed with the open line of communication and how fast they worked... to get my house sold fast, before our deadline came around."
-Mrs. Giuliano
You're a Great Team
"Gave us prompt courteous service and always kept us informed of what was going on. You're a great team."
Mr. and Mrs. Inness
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Real Estate Contracts >Contingency Sale
Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.
The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.
Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.
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What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?
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That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles. |
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