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.
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See more Larkspur Pending & Contingent Sales - Real Estate Contingencies.
(all data current as of 5/21/2013)
$1,195,000 : 2 Glen Way, Larkspur3 beds, 2 full, 1 part baths
$1,349,000 : 340 West Baltimore Ave, Larkspur4 beds, 3 full baths
$2,695,000 : 215 Magnolia Ave, Larkspur4 beds, 2 full, 1 part baths
$995,000 : 76 Via La Brisa Unkn, Larkspur3 beds, 2 full baths
$1,275,000 : 122 Ward St, Larkspur3 beds, 3 full baths
$1,595,000 : 223 Marina Vista Ave, Larkspur4 beds, 3 full baths
$840,000 : 3 Boardwalk One, Larkspur3 beds, 3.00 baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.