Known as Perdido Pete I love Perdido Key and can't wait to share it with my friends.Its where I live sell condos, vacation homes, and lifestyle.

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Real Estate Contracts >Contingency Sale

Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.

The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.

Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.

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Q	What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
A	New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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Peter C. King, REALTORŽ, real estate agent and broker for Perdido Key AL and Perdido Key FL Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Peter C. King
ResortQuest Real Estate of Florida, Inc.
dba ResortQuest Real Estate
14620 Perdido Key Dr Sales Office
Pensacola, FL. 32507
Cell: 850-261-3938
Office: 850-492-4773
Fax: 850-492-5881
Mississippi Contact-Beth : 1-228-861-7635
Email: pking@resortquest.com
I am a U.S. Naval Academy graduate and former Naval Aviator back in familiar territory at Perdido Key. We live just outside of the home of Naval Aviation, Pensacola FL. After a career flying Navy aircraft and commercial aircraft, for Delta Air Lines, all over the world, I have embarked on a new career. There is not a more beautiful or interesting place to live in paradise than Perdido Key. Let me show you the area I call home with its beautiful beaches, unrivaled boating and water sports, and the down home atmosphere not found in any other coastal community.

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