Buying or selling a home in Destin, Florida is not always a straightforward proposition. Often the buyer’s or seller’s financial circumstances or personal requirements can cause a few bumps in the road that can affect the finalization of a purchase contract. A Destin home buyer (or occasionally a home seller) may place certain constraints on his offer to purchase a home. Called “contingencies,” these constraints have the potential to jeopardize the pending sale.
Typical Destin real estate contingencies include:
Frequently, home owners who are upgrading to a new home will make the purchase of the new home contingent on the sale of their current home. Most often, these buyers need the money from the sale of one home to purchase the other home.…