What Is an AS-IS Offer and What Does It Mean for San Diego Buyers?
What Does AS-IS Mean in California Real Estate? When a seller lists a property AS-IS or requests an AS-IS offer, they are indicating they will not make any repairs or provide any credits based on the buyer's inspection findings. The property is offered in its current condition — whatever that condit
What Is the Loan Contingency and How Long Does It Last in San Diego?
What Is the Loan Contingency? The loan contingency — also called the financing contingency — is a clause in your California purchase agreement that protects you if your mortgage lender is unable to fund your loan. During the loan contingency period, you have the right to cancel the contract and rece
What Is the Appraisal Contingency and How Does It Protect San Diego Buyers?
What Is the Appraisal Contingency? The appraisal contingency is a clause in your California purchase agreement that protects you if the property appraises below your agreed purchase price. If the appraised value comes in lower than the price you agreed to pay, the appraisal contingency gives you the
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