Cntg/ no ko?
im not sure if the buyer agents will still be bringing potential buyers to a property if the home is below contigent no see out status. can someone please clarify?
i found out this from the pattern but not sure still:
To further clarify, listings near CNTG/NO KO hold contingencies that call for to be worked out, but no see out clause. These contingencies are commonly inspection and financing. The buyers may not attain financing or the inspection may turn up issues that the buyers do not want to concordat beside, so in attendance is still a opening that the contract may plunge out. However, the singular time in that is a contingency that the buyer vend their house first is a Kick Out, which would allow another buyer to submit an volunteer and the first buyer would any hold to remove that contingency or the second buyer would catch the contract. In NoVA, that's scheduled as CNTG/KO.
Answers:
Once this status is up near you will proably pretty much see adjectives interest dry up. If the property is really all right priced you might carry a bit interest and even a back-up proposition, but this essentially routine we hold a contract and aren't really looking for another right very soon - still run ahead and put contained by a back-up if you want.
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i found out this from the pattern but not sure still:
To further clarify, listings near CNTG/NO KO hold contingencies that call for to be worked out, but no see out clause. These contingencies are commonly inspection and financing. The buyers may not attain financing or the inspection may turn up issues that the buyers do not want to concordat beside, so in attendance is still a opening that the contract may plunge out. However, the singular time in that is a contingency that the buyer vend their house first is a Kick Out, which would allow another buyer to submit an volunteer and the first buyer would any hold to remove that contingency or the second buyer would catch the contract. In NoVA, that's scheduled as CNTG/KO.
Answers:
Once this status is up near you will proably pretty much see adjectives interest dry up. If the property is really all right priced you might carry a bit interest and even a back-up proposition, but this essentially routine we hold a contract and aren't really looking for another right very soon - still run ahead and put contained by a back-up if you want.