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Looking for an expert in Nevada and Placer County Real Estate? You just found her. Call to find out why my expertise will help you: 530-913-8598.
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Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
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For Home Sellers:
Why Sellers Choose Diane Helms - Why home sellers in Grass Valley, Nevada City and Auburn choose Diane Helms. Free Presentation - Free in-home listings presentation on marketing your Grass Valley, Nevada City and Auburn, in Nevada County California property. Property Valuation - How much is your Grass Valley, Nevada City and Auburn home worth? What Did That Home Sell For? - What did that Grass Valley, Nevada City and Auburn, California property or other real estate sell for? FSBO - Selling your Grass Valley, Nevada City and Auburn real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Grass Valley, Nevada City and Auburn Homes, For Home Buyers, For Home Sellers, Grass Valley, Nevada City and Auburn Information, Real Estate Resources, and About Diane Helms.
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Real Estate Contracts >Contingency Contracts
Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?
Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.
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| Q |
Who is "Fannie Mae" and why is she a big name in real estate?
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| A |
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
 See More Real Estate Trivia > |
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