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All agents are NOT alike! Find out why we are top real estate experts. Call us: 812-422-4096.
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Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
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Charlie Butler is one of The Top Selling Real Estate Experts™
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The Charlie Butler Team is a team of 6 Brokers and Real Estate Agents that specialize in Residential Home, Commercial Property, Investment Property, and Foreclosures. Whether your looking to buy or sell we have a team member that will be glad to help.
Evansville, Newburgh, Boonville, Chandler,
Haubstadt, Ft. Branch, Princeton, Mt. Vernon
The Charlie Butler Team sells a property every 1 1/2 days. We would love to talk to you about buying or selling your residential or commercial property!   Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. Need local real estate information? We've summarized much of what is important about the Evansville, McCutchanville, Newburgh and Boonville real estate market in this site. Need expert advice? No web site, large or small, can take the place of a real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. we have the experience and track record you are looking for. - Charlie Butler
Financing Your Home >Financial Help
Escalating home prices often cause many first-time buyers to seek help from their families for the down payment on a new home. If your parents are providing financial assistance for the purchase of a home, it is important that you have very clear agreements with them about the conditions under which their help will be provided.
Sit down with your parents to discuss the details of the arrangement. Is the money they are providing a gift or a loan? If it is a gift, be sure to check with your tax expert to minimize the tax implications. If your parents are loaning the money for the down payment, how will it be paid back? Will there be joint ownership with an equity-sharing agreement? Will your parents be named on the ownership papers with you? Are special documents needed?
Whatever form it takes, parents who help their children buy a home give them an incredible gift!
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| Q |
What does "contingency" mean in real estate?
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| A |
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence." |
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