TOR 030: The Kick-Out Clause Explained

When you’re selling a home, you may come across a situation where the sale is contingent upon the buyers selling the home they live in before buying yours.

Here are a few things we discuss in this episode…

So Exactly What is a right of 1st refusal or kick out clause?

Is it even a good idea to accept an offer like this?

You can accept an offer like this as long as you structure it correctly by putting a kick-out clause in the contract…if you don’t…..

The purpose of a kick-out clause is to allow you to accept an offer while continuing to market your home for sale.

Here’s how it works,…

In every instance, the seller was protected

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Thanks for being with us, see you next week

Big Blues by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/)

Artist: http://audionautix.com/

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