Hillsboro, Beaverton and Portland real estate and homes for sale in Oregon, relocation, new construction - Barbara Nelson, REALTOR® Barbara Nelson REALTOR(r) for Hillsboro, Beaverton and Portland, Oregon real estate, relocation, new construction - NUMBER1EXPERT™ Barbara Nelson NUMBER1EXPERT(tm) for Hillsboro, Beaverton and Portland, Oregon real estate, relocation, new construction
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Barbara Nelson, REALTOR®, real estate agent and broker for Hillsboro, Beaverton and Portland Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Real Estate Contracts >Contingency Sale

Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.

The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.

Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.

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Real Estate Trivia
Q 
What celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job?

A 
This Hollywood Hills residence was the former home of the popular singer, Madonna.
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Barbara Nelson, REALTOR®, real estate agent and broker for Hillsboro, Beaverton and Portland Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Barbara Nelson
Keller Williams Realty Professionals

9755 SW Barnes Rd Suite #560
Portland Oregon, 97225
Main Office: 503-803-0562
Office : 503-546-9955
Partner- Brian: 503-803-0566
Fax: 503-336-6223
E-mail: Barbara@noplacelikeportland.com
E-mail: Brian@noplacelikeportland.com

Barbara is a wizard when it comes to Portland real estate and the "aaaaaahs" are the sound of her satisfied clients. With Barbara on the job, it will seem as if buying and selling your home were as simple as clicking your heels together and saying the magic words "there's no place like home." The grateful people she helps will tell you there’s no realtor like Barbara Nelson. She has the courage, the heart and the brains to make your dreams come true.

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