May 19, 2012

Greenbrae Pending & Contingent Sales – Real Estate Contingencies

Pending Sales Belvedere Bolinas Corte Madera Greenbrae
Kentfield Larkspur Mill Valley Novato Ross
San Anselmo San Rafael Sausalito Stinson Beach Tiburon

View Greenbrae contingent and pending sales here. What are contingent or pending sales? They are homes that are under offer or contract of sale. The buyer has not released his contingencies yet, meaning that if he chooses to back out for any reason, he can. Usually without loss of any of his earnest money deposit.

These “contingencies” must be included in the contact to purchase to protect the buyer. One contingency is the ‘finance contingency’. Until you have 100% Underwriter Loan approval you should NOT remove this contingency. Another contingency is the ‘appraisal contingency’. This protects the buyer in case your Lender does not value the property as highly as you do. If the appraisal falls short of the purchase offer price you could ask the Seller to match the appraised value or back out of the deal with a full refund of your deposit.

The last major contingency is the ‘inspection contingency’. You should do all inspections that are important to yourself and the property you are buying. The main inspections are Pest Inspection and Home Inspection. Others that may be considered are Roof, Chimney, Pool, Foundation and even Soils Inspections. Marin Real-Estate recommends Engineered Soil Repairs for any suspect earth movement.

Contingencies protect you in case you cannot perform or choose not to perform and close escrow on a home. If you cancel a contract after you have waived ALL contingencies you could find yourself forfeiting your earnest money deposit, usually to a maximum of 3% in California. Once a Buyer has removed ALL contingencies, the home is ready to close escrow.

Showing properties 1 - 9 of 9. See more Greenbrae Pending & Contingent Sales - Real Estate Contingencies.
(all data current as of 5/18/2012)

  1. 4 beds, 3 full baths
    Home size: 2,508 sq ft
    Lot size: 8,276 sqft
    Year built: 1967
    Days on market: 13
    Listing provided by Joni Shepard, Joni Shepard
  2. 1 bed, 1 full, 1 part baths
    Home size: 1,100 sq ft
    Lot size: 741 sqft
    Year built: 1972
    Days on market: 17
    Walk Score®: 62
    Listing provided by John Davis, Frank Howard Allen-Mill Valley
  3. 4 beds, 3 full baths
    Home size: 2,557 sq ft
    Lot size: 9,453 sqft
    Year built: 1959
    Days on market: 32
    Listing provided by Carol Scott, Bradley Real Estate-San Rafael
  4. 3 beds, 2 full baths
    Home size: 1,992 sq ft
    Lot size: 8,407 sqft
    Year built: 1954
    Days on market: 32
    Listing provided by Kiki Judd, Frank Howard Allen - Greenbrae
  5. 3 beds, 2 full, 1 part baths
    Home size: 2,308 sq ft
    Lot size: 17,816 sqft
    Year built: 1951
    Days on market: 54
    Listing provided by Roya Nesva, American River Real Estate Inc
  6. 2 beds, 2 full, 1 part baths
    Home size: 1,727 sq ft
    Lot size: 2,091 sqft
    Year built: 1986
    Parking spots: 2
    Days on market: 60
    Walk Score®: 71
    Listing provided by Barr Whitney, Pacific Union International
  7. 3 beds, 1 full, 1 part baths
    Home size: 1,296 sq ft
    Lot size: 7,187 sqft
    Year built: 1946
    Days on market: 69
    Walk Score®: 72
    Listing provided by Aileen Tong, Frank Howard Allen-Novato
  8. 2 beds, 2 full baths
    Home size: 1,296 sq ft
    Lot size: 1,481 sqft
    Year built: 1962
    Days on market: 102
    Listing provided by Nick Rasic, Palladium Realty
  9. 1 bed, 1 full, 1 part baths
    Home size: 1,010 sq ft
    Lot size: 1,002 sqft
    Year built: 1973
    Days on market: 129
    Walk Score®: 77
    Listing provided by Steven Barbour, Alain Pinel Realtors - Mill Valley - Downtown

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Listing information deemed reliable but not guaranteed. Copyright © 2012 by Bay Area Real Estate Information Services, Inc.

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