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Saturday, March 6th, 2010
If the mortgage cannot be obtained within the
If the mortgage cannot be obtained within the prescribed time, the buyer may terminate the contract and receive a refund of deposit. By allowing this type of contingency the seller has accepted the risk that the contract may not close. Contingency for Sale of Other land In some cases the buyer may have a contingency for the sale of a certain land, usually the buyer’s current home. Inspection Contingency Contract procedures to allow the buyer to conduct inspections of the realestate vary from region to region. [...]
San Diego commercial real estate
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