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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. See All Tips In The "Real Estate Contracts" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories > Real Estate Trivia Q  What oceanfront area is currently the most popular choice among people searching for second homes and vacation homes? A  According to statistic published early in 2005, the Florida coast is the most sought-after vacation and retirement destination in the United States. See More Real Estate Trivia >

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The Coldwell Banker Winthrop Realty Team 503 Hwy 20 South Winthrop, WA. 98862 509-996-2121 800-321-4482 Fax: 509-996-2123 Email: thecbwinteam@NUMBER1EXPERT.com

One Team. One Goal. Providing the Best Real Estate Service in Washington’s beautiful Methow Valley! Our team is the top producing real estate company in the Methow Valley, including the towns of Winthrop, Mazama, Twisp, Carlton, and the surrounding areas. We specialize in mountain homes and cabins, ranches, condos, investment properties, and land. We provide old-fashioned service with state-of-the-art technology to help you find your special property. With many years of experience buying, selling, and developing real estate, you will get what all our clients come to expect—the very best. Representing both buyers and sellers, we will provide you with an in-depth consultation on any aspects of your real estate transaction. The Coldwell Banker Winthrop Team is your BEST choice in real estate. Call or email us today!

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