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2. 72-hour clause - Wikipedia

   en.wikipedia.org/wiki/72-hour_clause

   The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the seller to continue to market the property. The 72 hour clause is usually written into sales contracts by the seller, this allows a seller to keep the home on the market and accept backup offers ...

3. The Guide to Making a Contingent Offer on a House - AOL

   www.aol.com/news/guide-making-contingent-offer...

   What Is a Contingent Offer? A contingent offer on a home includes a clause that protects the buyer and makes it easier to back out of the deal without financial penalty in certain circumstances.

4. Can you back out of a house offer once it’s been accepted?

   www.aol.com/finance/back-house-offer-once...

   A financing contingency might need to be met within 30 days to get final loan approval. If you’re not sure about something or you need more time to complete a contingent task, ask your real ...

5. Real estate contract - Wikipedia

   en.wikipedia.org/wiki/Real_estate_contract

   As may be the case with other contracts, real estate contracts may be formed by one party making an offer and another party accepting the offer. To be enforceable, the offers and acceptances must be in writing (Statute of Frauds, Common Law)and signed by the parties agreeing to the contract. Often, the party making the offer prepares a written ...

6. Firm offer - Wikipedia

   en.wikipedia.org/wiki/Firm_offer

   As a general rule, all offers are revocable at any time prior to acceptance, even those offers that purport to be irrevocable on their face. In the United States , an exception is the merchant firm offer rule set out in Uniform Commercial Code - § 2-205, which states that an offer is firm and irrevocable if it is an offer to buy or sell goods ...

7. Bridge loans: What are they and how do they work? - AOL

   www.aol.com/finance/bridge-loans-161837154.html

   Many lenders only offer bridge loans if you agree to work with them on financing your next home purchase. If you’re moving between homes — especially on short notice — a bridge loan can help ...

8. Contingent contract - Wikipedia

   en.wikipedia.org/wiki/Contingent_contract

   A contingent contract is an agreement that states which actions under certain conditions will result in specific outcomes. [1] Contingent contracts usually occur when negotiating parties fail to reach an agreement. The contract is characterized as "contingent" because the terms are not final and are based on certain events or conditions ...

9. Offer and acceptance - Wikipedia

   en.wikipedia.org/wiki/Offer_and_acceptance

   Also, upon making an offer, an offeror may include the period in which the offer will be available. If the offeree fails to accept the offer within this specific period, then the offer will be deemed as terminated. An offer may also be revoked by operation of law, if an unreasonable amount of time has passed between offer and acceptance. [46]