Can you back out of a contract to buy a house even after you put your offer in writing? Watch this video to learn how to protect yourself while making offers no matter what the market is like. While going through the process to buy a home, it is important to understand the conditions that would give you the right to terminate the contract without losing your earnest money deposit in the Philadelphia metro area. In this video, I cover the top 3 contingencies where I advise my clients to read the fine print before signing an offer.
[1:00] Overview of buyer contingencies in PA
[2:45] Inspection contingency
[3:45] Mortgage contingency
[5:55] Appraisal contingency
[6:47] Contingency timelines
[8:53] Seller obligations
Veronica comes from a family of real estate investors. She is passionate about helping clients create wealth, build a legacy, and design a dream lifestyle through real estate.
What makes Veronica stand out from other realtors is her financial background. With an MBA in Finance from The Wharton School and a bachelor’s degree in Economics from Northwestern University, she does not run from the numbers. She spent over a decade running financial models to help her employers evaluate projects and products. This skill allows her to simplify the bottom line for a homeowner or forecast the return on investment for a developer.
Veronica is a licensed realtor in PA. Veronica helps her clients buy, sell, invest in real estate in the following neighborhoods in the Philadelphia metro area: Cedar Park, Chester, Cobbs Creek, Darby, Drexel Hill, Germantown, Kingsessing, Lansdowne, Marcus Hook, Overbrook, Overbrook Farms, Sharon Hill, University City, Yeadon, and Upper Darby. Her company also provides property management services for single-family homes and small apartment buildings in the area.