The Perk of the Property

Part 1: What is a perc test? We covered ‘contingencies’ in an earlier post “Not Your Average Conditions”, and ended the most recent post with the term ‘perc test’. In that earlier post, we stated our purchase contract had a contingency to perform a perc test before completing the sale. What is a perc test?Continue reading “The Perk of the Property”

Not Your Average Conditions

What IS a contingency: condition(s) that either the buyer or seller (or both) must meet for the sale to go through. Expanding on the deliberation of our offer details in the previous blog, we must not forget to review the contingencies we asked the sellers to meet before closing. Why? Well, to put in perspective,Continue reading “Not Your Average Conditions”