January 24, 2017

Novato 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 Novato 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.

  1. 2 beds, 1 full bath
    Home size: 872 sq ft
    Lot size: 1,102 sqft
    Year built: 1971
    Days on market: 6
    Listing provided by Jennifer Bowes, Bradley Real Estate-San Rafael
  2. 3 beds, 2 full baths
    Home size: 1,440 sq ft
    Lot size: 261 sqft
    Year built: 1980
    Days on market: 10
    Listing provided by Phoebe Reyes, Marin Modern Real Estate
  3. 5 beds, 3 full, 1 half baths
    Home size: 4,102 sq ft
    Lot size: 11,199 sqft
    Year built: 1984
    Parking spots: 2
    Days on market: 11
    Listing provided by James Stafford, Decker Bullock Sothebys International Realty
  4. 4 beds, 3 full, 1 half baths
    Home size: 2,106 sq ft
    Lot size: 3,842 sqft
    Year built: 1998
    Days on market: 16
    Listing provided by Denise Chaparteguy, Terra Firma Global Partners
  5. 3 beds, 2 full, 1 half baths
    Home size: 1,556 sq ft
    Lot size: 9,601 sqft
    Year built: 1964
    Days on market: 17
    Listing provided by Erinn Millar, Zephyr Real Estate
  6. 2 beds, 1 full bath
    Home size: 872 sq ft
    Lot size: 3,202 sqft
    Year built: 1972
    Parking spots: 1
    Days on market: 20
    Listing provided by Marty Wickenheiser, Bradley Real Estate-San Rafael
  7. 4 beds, 2 full, 1 half baths
    Home size: 1,871 sq ft
    Lot size: 12,602 sqft
    Year built: 1968
    Days on market: 21
    Listing provided by Margaret Kapranos, Zephyr Real Estate
  8. 3 beds, 2 full baths
    Home size: 1,378 sq ft
    Lot size: 7,518 sqft
    Year built: 1954
    Days on market: 21
    Listing provided by Stephen Pringle, Zephyr Real Estate
  9. 3 beds, 2 full baths
    Home size: 1,172 sq ft
    Lot size: 7,701 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 24
    Listing provided by Kevin McGinnis, Decker Bullock Sothebys International Realty
  10. 3 beds, 1 full, 1 half baths
    Home size: 1,070 sq ft
    Lot size: 802 sqft
    Year built: 1971
    Days on market: 26
    Listing provided by Mary Bienek, Sotheby's International Realty
  11. 2 beds, 1 full, 1 half baths
    Home size: 1,342 sq ft
    Lot size: 1,551 sqft
    Year built: 1965
    Days on market: 46
    Listing provided by Randy Nichols, RE/MAX Accord
  12. 2 beds, 1 full bath
    Home size: 1,113 sq ft
    Lot size: 1,115 sqft
    Year built: 2004
    Days on market: 47
    Listing provided by Sandy Mahoney, The Madison Company
  13. 3 beds, 2 full, 1 half baths
    Home size: 1,612 sq ft
    Lot size: 1,485 sqft
    Year built: 1979
    Parking spots: 1
    Days on market: 48
    Listing provided by Laura Schifrin, Bradley Real Estate-Novato
  14. 4 beds, 3 full baths
    Home size: 2,440 sq ft
    Lot size: 1.34 ac
    Year built: 1996
    Parking spots: 2
    Days on market: 53
    Listing provided by Jennifer Bowes, Bradley Real Estate-San Rafael
  15. 5 beds, 2 full, 1 half baths
    Home size: 2,707 sq ft
    Lot size: 11,334 sqft
    Year built: 1998
    Days on market: 57
    Listing provided by Colleen Cornell, Bradley Real Estate-Novato
  16. 3 beds, 2 full, 1 half baths
    Home size: 2,110 sq ft
    Lot size: 4,234 sqft
    Year built: 2003
    Days on market: 81
    Listing provided by Kyle Frazier, Pacific Union International
  17. 4 beds, 2 full, 1 half baths
    Home size: 2,584 sq ft
    Lot size: 13,051 sqft
    Year built: 1955
    Days on market: 139
    Listing provided by Britt Johnson, Alain Pinel Realtors
  18. 5 beds, 3 full baths
    Lot size: 6,721 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 169
    Listing provided by Denise Athas, Athas & Associates Real Estate, Inc
  19. 3 beds, 2 full baths
    Home size: 1,824 sq ft
    Lot size: 5,454 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 200
    Listing provided by Margaret Dale, Athas & Associates Real Estate, Inc

See all Novato Pending & Contingent Sales – Real Estate Contingencies.
(all data current as of 1/23/2017)

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