Common Commercial Real Estate Contract Contingencies
Just like residential real estate contracts, Dallas commercial real estate contracts have their share of contingencies. In short, contingencies are found in most real estate contracts and are essentially “escape clauses” for both the buyer and the seller.
Foreclosure Real Estate
Changes in the homeowner's finances can result in foreclosure
When banks reclaim piece of real estate property because the homeowner is no longer able to pay on the loan it is the start of a foreclosure proceeding