Through a 28-year lens, tax policies on home sales haven't kept pace with rising home values. That's putting homeowners in a bind and stifling real estate opportunities across the board.

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When a home goes under contract, many assume it's a done deal, but in reality, most real estate contracts include contingencies, or conditions that must be met for the sale to proceed. These clauses are designed to protect both buyers and sellers and offer a legal way to exit the agreement if something doesn't go as planned.

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