Answer: Common contingencies include financing approval, satisfactory home inspection results, and appraisal meeting or exceeding the purchase price. These protect buyers by allowing contract termination under specific conditions. Answer: Review comparable recent sales in the area, consider the property’s condition, and analyze current market trends. Engaging a real estate professional can provide a comprehensive market analysis to ensure you’re making an informed offer. Answer: Consider factors such as proximity to work, quality of schools, local amenities, safety, and future development plans. Visiting neighborhoods at different times can provide insight into the community’s dynamics. Answer: Look for agents with extensive experience, positive client testimonials, and a deep understanding of the local market. Modern Market REALTORS® boasts a team with over 20 years of experience in the Fargo-Moorhead area, dedicated to providing exceptional... Answer: Mortgage pre-approval is a process where a lender evaluates your financial status and creditworthiness to determine the loan amount they’re willing to offer. Having a pre-approval letter demonstrates to sellers that you’re a serious buyer and can... 