Common Contract Contingencies

When buying or selling a home, contingency is an important part of the process. It is a formal stipulation that protects the interests of both buyers and sellers. Contingencies enumerate particular conditions that must be met for the sale to be finalized, and if they are not fulfilled, the buyer or seller may back out 
of the contract without penalty.

Some common contingencies are:

1. Financing - The financing contingency refers to the buyer’s ability to procure financing for the property. This could include the terms of the loan, including the interest rate, length and type of loan.
2. Appraisal - The appraisal clause is necessary so the proposed property value can be substantiated for the lender.
3. Inspection - A home inspection could reveal any issues or defects and the buyer can ask for repairs, or renegotiate the sale price. You also have the opportunity to review paperwork affecting the title such as a Preliminary Title Report which may outline liens or other title issues that must be addressed before escrow closes.
4. Buying or Selling of Property - Often, the sale may be contingent on the seller’s purchase of a new property or the buyer’s ability to sell his existing home.

These are just some of the details that experienced and well-trained agents know how to address and why we recommend working with a REALTOR 
for the sale or purchase of your home.

Our team is here to help make all your transitions easier. To talk to any of our CENTURY 21 Adams & Barnes REALTORS please call us at 626-358-1858 or 626-963- 7621. Are you a fan? Join us on Facebook or follow our Tweets today.

C21 Real News - November 2011

Make moving fun for the whole family with these 5 family tips.

Moving can be a stressful experience for adults and children as well, but it doesn’t have to be! See below for five tips on how to make moving a positive experience.

1. Talk the talk - Communicate with your children and encourage them to discuss any apprehension they may have about moving. Brainstorm and find solutions to alleviate any fears. Remember, technology makes it easy to keep in touch with old friends with video chats, emails and social networking sites.
2. Explore your surroundings - Go for a family bike ride and learn what your community has to offer. Check out the local ice cream parlors, bike paths, dog parks, hiking trails or specialty restaurants. Familiarize your children with the neighborhood so they are at ease.
3. Take out and stay in - Plan a family sleepover at the new house, even before the furniture is shipped. This will be an adventure for the whole family and together time in the new home often makes children feel more secure and less overwhelmed in their new surroundings.
4. Designer room - Give your children paint color options so they can decide on the color scheme of their bedroom. It may be helpful to set aside a special box with their favorite things from their old room to incorporate into the new space.
5. Integrate - Involve your children in local teams and activities. Most moves take place at the end of the school year, so by enrolling your children in clinics, camps and sports you are providing them with an opportunity to make friends with future classmates.

Our team is here to help make all your transitions easier. To talk to any of our CENTURY 21 Adams  Barnes REALTORS please call us at 626-358-1858 or 626-963- 7621. Or join us on  Facebook or follow our  Tweets. Our team is always just a click or phone call away

Team Adams & Barnes Walks for Hope at City of Hope

Walk for Hope at City of Hope in a cherished tradition at CENTURY 21 Adams & Barnes. This year, our team of walkers braved low temperatures and aggressive rain at the early morning's festivities. They weren't alone though as thousands of spirited walkers joined them in their effort to fight answers towards the disease of cancer.

Overall, the CENTURY 21 Adams & Barnes team raised over $2,500 which made part of the $1,000.000 plus figure raised for the event by all attendees (a Walk for Hope record).

Afterwards, the team headed to Jake's Road House in Monrovia for a team breakfast and debrief (Relay for Life - Monrovia is just around the bend). 

Can't wait to do it all over again in 2012.

See You In New Orleans

The Adams & Barnes team Walks for Hope

This Sunday morning, the crew at CENTURY 21 Adams & Barnes braved the rain and "Walked for Hope" at City of Hope.

Joining thousands of fellow Cancer fighters and countless survivors of the disease the team walked the 5K course through the City of Duarte and the City of Hope campus.

The Walk is a tradition for many at Adams & Barnes real estate sales family and this counts the first time when the team has endured chilly rain and mid-50s temps.

We look forward to taking part in the Walk next year and we are confident that the efforts of all those in attendance will help find a cure to this terrible disease.

Joann looks forward to 2012 Conference