Click this text to return to the RE/MAX Best Associates Website to see
All KC properties!
Every
real estate contract contains the clause Time is of the essence. What does this
statement mean? According to Encarta’s on line dictionary, essence is the
intrinsic or indispensable properties that identify something and time is a non-spatial
continuum in which events occur in apparently irreversible succession. Time,
when applied to real estate is an indispensable property that continues
irrespective of the parties actions. Most real estate offers contain an expiration,
which limits the amount of time a party may have to act.
The market in many price ranges in Kansas City
recently can be characterized as a buyer’s market. In a buyer’s market there
are more houses to buy than there are buyers to buy. Time is on the seller’s
side in a seller’s market. In a buyer’s market the opposite is true. Time is on the
side of the buyer in a buyers market.
Whether
you’re thinking about buying or selling or seeking information, rely on RE/MAX
Best Associates 800-391-BEST(2378) or 913-345-BEST(2378) to provide accurate up
to date information about the marketplace.