My back ground is in Title Insurance but I have been lucky enough to escape that trap some years ago.

Now the bank wants to keep my earnest money if I can't close by Friday and I will loose a great property.I was stupid and didn't use the financing escape clause and did the contract with Cash although the letter of credit states that it is based upon property condition, appraisal etc, I also put an clause in for subject to inspection and appraisal meeting buyers approval.

What's the best special provision to add to a contract? I've heard of the 30 day inspection period, contingent on loan approval, etc.

What's the best and most held up clause out there? Can I type this into a contract...

The way that assignments are typically handled is that you are going to fill in the original P/A as you normally would except for the spot where you sign your name will say "your name and/or assignees"Also be sure that you have an escaped clause built somewhere into the contract in case your buyers happen to fall through.Once you have the home under contract with an assignment an assignment clause then you can use an assignment for to assign your interest in the contract to your buyer.Once you have assigned the contact you are no longer obligated to follow through on the contract.

I'm afraid "Black Sunday" escaped 99% of all Americans.Wasn't it like two weeks ago that Bernanke said Fannie and Freddie were "well capitalized", or something to that effect?

They are also demanding there be absolutely no contingencies or escape clauses of any kind.

2.)Do you use any escape clauses?

I want an escape clause added:insert in the appropriate place: If the Seller becomes incapacitated or dies, as attested to by her Primary Care Physician, this agreement immediately becomes null and void with no penalty to the Seller, her Executor/successor Trustees/designees/etc, or her heirs or beneficiaries, no compensation to the listing Broker or agentC asked to have it deleted.

You can use one of your escape clauses to get out of the contract.

Heard a lot of you folks escaped the hurricane in that part of town.