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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Carol, a proven Torrance, California NUMBER1EXPERT™ Top Selling real estate agent. Find Torrance Homes - Find Torrance, California real estate listings & homes for sale provided by Carol, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Carol, a proven Torrance, California NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Carol, a proven Torrance, California NUMBER1EXPERT™ Top Selling real estate agent. Torrance Information - Find local information on Torrance, California including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Carol, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Carol, a proven Torrance, California NUMBER1EXPERT™ Top Selling real estate agent. About Carol - Information about Carol including testimonials, guarantees, credentials, and contact information. Learn why Carol is a proven Torrance, California NUMBER1EXPERT™ Top Selling real estate agent. -
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Real Estate Contracts >Contingency Sale
Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.
The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.
Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.
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What is the legal term used to describe the right of the U. S. government to condemn private land for public use?
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Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property. |
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Carol Gilles
The Real Estate Group
3655 Torrance Blvd. Ste 420
Torrance, CA. 90503
CA DRE# 00803846
Phone: 310-540-5231
Cell: 310-864-9738
Fax: 310-792-5711
Email: carol@carolgilles.com
Carol Gilles has been in real estate in the South Bay area since 1979. She has been awarded Top Producing Agent seven years, and is a multi-million dollar producer. She guides all her clients through all of their real estate need with exceptional experience and professionalism. Carol Gilles is America's NUMBER1EXPERT™ in real estate for the Torrance area. So contact her today! DRE# 00803846
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