Easily Remove US Currency Field to the Home Seller Form

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How to Remove US Currency Field to the Home Seller Form

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in this video ill talk about selling your house while in an active chapter 13 bankruptcy [Music] hi im scott allen attorney in alabama and if youre new to my channel welcome thanks for checking it out if you havent already hit that subscribe button and that notifications bell so you dont miss any of our upcoming videos well this didnt come up too terribly often but it does come up sometimes where someone has filed a chapter 13 bankruptcy case they were behind on their house to make a decision that hey i just cant afford the house anymore and i need to put it up for sale thats one scenario another scenario may be is that the house is up for foreclosure and they were trying to sell it before the foreclosure and they filed a chapter 13 bankruptcy to stop the foreclosure and they end up getting a buyer for the house a few months later or three or four months later one of the questions from prospective clients is is can i sell my house ive listed it for sale so typically the answer

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is an example of a contingency on a house sale?

Contingencies can include details such as the time frame (for example, the buyer has 14 days to inspect the property) and specific terms (such as, the buyer has 21 days to secure a 30-year conventional loan for 80% of the purchase price at an interest rate no higher than 4.5%).

What are examples of contingencies?

A contingency is a potential occurrence of a negative event in the future, such as an economic recession, natural disaster, fraudulent activity, terrorist attack, or a pandemic. In 2020, businesses were hit with the coronavirus pandemic forcing many employees to have to work remotely.

What is an example of a buyer contingency clause?

A contingency clause often states that your offer to buy property is contingent upon X,Y, Z. For example, the contingency clause may state, The buyers obligation to purchase the real property is contingent upon the property appraising for a price at or above the contract purchase price.

Can you take your house off the market if you change your mind?

If you change your mind as a home seller, can you take your house off the market without any major drawbacks? You can take your house off the market at any time, as long as youre not under contract with a buyer. Thats fortunate news for sellers.

What is a contingency when buying a house?

Contingencies are clauses written in real estate purchase agreements and contracts that give buyers a way to back out if they decide they no longer want to move forward with the purchase. Contingencies are very common in California real estate contracts.

What is an example of a home sale contingency?

For instance, a home seller may agree to an offer with the contingency that they must find a new home before they sell. If they are unable to find another home within a specified time frame, they may cancel the deal without penalty so long as this contingency is spelled out in the contract.

When you sell a house do you get all the money at once?

It depends on whether you have a mortgage or not. If you still have a mortgage when you sell your home, the proceeds from the sale are used to pay off your existing loan balance. If you dont make enough from the sale of your home to pay off your mortgage, youll have to keep paying it.

What do you have to disclose when selling a house in California?

Under California law, all material facts that affect the value or desirability of the property must be disclosed to the buyer. There is no specific definition or rule on what is considered to be a material fact.

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