What Happens If Your Buyer Backs Out After Contract?

What Happens If Your Buyer Backs Out After Contract?

Getting a signed contract feels like the hard part is over — until a buyer backs out and you're suddenly back at square one, wondering what happens next and whether you have any real recourse. The answer depends almost entirely on why they backed out and what your contract actually says. Short answer: What happens when a buyer backs out depends on whether they canceled within a valid continge ...

How a Buyer's Financing Contingency Can Delay (or Kill) Your Sale

How a Buyer's Financing Contingency Can Delay (or Kill) Your Sale

An accepted offer feels like the finish line, but if your buyer is financing their purchase, the deal isn't actually secure until their loan clears every step of underwriting. Understanding what can g ...

What Is a Home Warranty, and Should Sellers Offer One?

What Is a Home Warranty, and Should Sellers Offer One?

A home warranty shows up as a line item in plenty of purchase negotiations, often offered almost reflexively by sellers hoping it'll sweeten the deal. Whether it actually moves the needle for your spe ...

Termite and WDO Inspections: What Sellers Need to Know Before Listing

Termite and WDO Inspections: What Sellers Need to Know Before Listing

A termite inspection sounds like a minor formality until it holds up your closing — or reveals damage you had no idea existed. Understanding what this inspection actually covers, and when it's require ...

What a Home Inspection Contingency Really Protects You From (as a Seller)

What a Home Inspection Contingency Really Protects You From (as a Seller)

Most sellers think of the inspection contingency purely as leverage for the buyer — a tool that lets them ask for repairs, credits, or an exit from the deal. That's true, but it's only half the pictur ...