Question: My daughter is buying her first house. The professional home inspection revealed a leaky roof and that the garage should be either torn down or rebuilt. How does she get a repair credit for ...

With any luck, the time between making an offer and closing on a house will be smooth sailing. However, there are plenty of things that could go wrong, big or small. That's why many buyers include ...

Home sellers and their real estate agents know we are in a buyer`s market, which means there are more sellers than buyers, so sellers can`t be too fussy. However, smart home sellers shouldn`t allow ...

QWe recently signed a contract to buy a house and thought we were smart enough to insist, over the real estate broker's objections, on having the contract contingent on our obtaining at our expense a ...

In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...

QWe are in the process of selling our rental property. A buyer signed a purchase contract, using the standard regional sales contract form. Several days later, we received an addendum stating that the ...

A kick-out clause is a clause written in real estate contracts, usually in the context of home sales. It applies when someone has made a contingent offer to buy the house. The kick-out clause says ...