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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. 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 ...

  4. 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 ...

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

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

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  6. 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 ...

  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. 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 ...

  9. U.S. October budget deficit jumps to $257 billion, handing ...

    www.aol.com/news/u-october-budget-deficit-jumps...

    WASHINGTON (Reuters) -The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the Treasury Department said on Wednesday in a report that ...

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