May 21, 2013

Larkspur 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 Larkspur 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 - 7 of 7. See more Larkspur Pending & Contingent Sales - Real Estate Contingencies.
(all data current as of 5/21/2013)

  1. $1,195,000 : 2 Glen Way, Larkspur
    3 beds, 2 full, 1 part baths
    Home size: 1,983 sq ft
    Lot size: 28,336 sqft
    Year built: 1986
    Days on market: 21
    Listing provided by Christina McArthur, Pacific Union International
  2. 4 beds, 3 full baths
    Home size: 1,748 sq ft
    Lot size: 6,599 sqft
    Year built: 1954
    Days on market: 23
    Listing provided by Judy Smith, Frank Howard Allen - Greenbrae
  3. 4 beds, 2 full, 1 part baths
    Home size: 2,336 sq ft
    Lot size: 28,096 sqft
    Year built: 1898
    Days on market: 24
    Listing provided by Victoria Love, Pacific Union International
  4. 3 beds, 2 full baths
    Home size: 1,696 sq ft
    Lot size: 7,379 sqft
    Year built: 1977
    Parking spots: 2
    Days on market: 28
    Listing provided by Kiki Judd, Frank Howard Allen - Greenbrae
  5. 3 beds, 3 full baths
    Home size: 2,043 sq ft
    Lot size: 9,100 sqft
    Year built: 1900
    Days on market: 49
    Listing provided by Jeff Sterley, Pacific Union International
  6. 4 beds, 3 full baths
    Home size: 2,478 sq ft
    Lot size: 7,000 sqft
    Year built: 1966
    Days on market: 70
    Listing provided by Laura and Kristin, Pacific Union International
  7. 3 beds, 3.00 baths
    Home size: 2,733 sq ft
    Year built: 1980
    Days on market: 274
    Listing provided by Jin Pourtabib, Frank Howard Allen-San Rafael

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

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Listing information is deemed reliable, but not guaranteed.

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