The Residential Purchase Agreement contains four different contingencies within it that serve as protections for a potential homebuyer. They can be an incredibly powerful tool if used properly.

They can help you do all of the following:

- Protect your deposit

- Differentiate your offer from other competitors

- Negotiate a lower price

- Exit a transaction if need be

They can also harm you.

Knowing and understanding the details and nuances of the RPA's contingency clauses is incredibly important. The time to do this is BEFORE you start looking at homes and not AFTER you've potentially identified your dream home. This video is designed to educate you on the details involved - they must be perfectly understood before trying to buy a home.

If you've comments or questions, please let men know!

For more information on the systems that I use and the extremely effective strategies I employ for both home buyers and sellers, please contact me.