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With over 25 years of real estate experience, Lucretia knows Moore County real estate! 910-692-6767.

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Real Estate Tips
Real Estate Contracts >Contingency Contracts

Buyers walk into your home in your area and fall in love with it. There is one problem--they will have to sell their home before they can buy yours. Their offer contains a contingency clause which makes the purchase dependent upon selling their present home. Should you accept such an offer?

Your decision should be based on several factors. Is their home being professionally marketed at this time, or are they trying to sell it themselves (a risky proposition!)? How long has it been on the market? Is it overpriced? If the house doesn't sell, can the buyers take out a bridge loan or make other arrangements to get to the closing table? How important is timing for you? Will the buyers agree to let you continue marketing your home and accept a non-contingent contract (and void theirs) if their house does not sell? Contingent contracts often work out well, but you need the help of a professional to weigh the pros and cons.

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Real Estate Trivia
Q 
What is the fastest-growing state in the U.S.?

A 
Nevada, for the 19th consecutive year, according to 2005 Census Bureau statistics.
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Lucretia Pinnock, REALTOR®, real estate agent and broker for Pinehurst, Ft. Bragg and Southern Pines, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Lucretia Pinnock
Pinnock Real Estate & Relocation Services, Inc.

115 E. Pennsylvania Ave.
Southern Pines, NC 28387
910-692-6767
Fax: 910-692-4141
lucretiapinnock@NUMBER1EXPERT.com

Whatever your questions, I'll help find the answer. I have been a full time real estate professional in Moore County, North Carolina since 1985. And as one of America's NUMBER1EXPERTST and an avid reader of professional journals, I understand national and local trends in the real estate market. Staying informed is critically important to my clients in the turbulent Real Estate Market that exists. Because of this level of professionalism, I was honored by Realty World-America and Keller Williams Realty as a Top Agent. I was named as Realtor of the Year for our Association of Realtors in 2003. I am well equipped to guide you through all your real estate needs in the Pinehurst area and take that opportunity and responsibility very seriously. I guide a Team of Real Estate Professionals to provide the highest level of service and look forward to providing that level of service to you and your friends! Call or email me today!


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