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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...

   Backing out of an offer for a non-contingent reason means you risk losing your earnest money. Since you put that money down based on the promise that you would follow through with the contract ...

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

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

   No contingency needed: Rather than place a contingency on your new home purchase that your old home must sell for financial reasons, a bridge loan provides the funds to settle on your new home ...

7. 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 ...