"Bumping" someone is a real estate term in Central Ohio.
"The Bump" was a dance in the 1970's... in the era of disco... "The Hustle" and "The Funky Chicken" are a couple of other 70's Disco Dances...
I wanted to find a YouTube dance video to illustrate the dance "The Bump..." but the related videos on YouTube are downright scary...
In Central Ohio you as a buyer if you do not have a house to sell can "bump" a contract that is contingent on the sale of a home. Other parts of the country they use different terminology. I think someplaces they use the term "Kick Out Clause."
We bump, they kick.
If a property is in contract (another buyer has entered into a contract with the seller) there is nothing you can do to "bump" that contract, unless there is a contingency with an escape clause. If the present contract on the property is contingent on the sale of a home you may be able to "bump" the contract.
If you do not have a home to sell, you can "bump" the contract.
Bumping a contract makes me think of slang for killing someone gangster style... "bumping them off." You kill off the other buyers contract by submitting a non contingent offer.
No rhythm or dance moves required.
First Time Home Buyer Tax Credit
Central Ohio Round Table Closing
Search Central Ohio Homes - Maureen McCabe - 614-388-8249 - Real Living HER
*The 1970's disco dance, "The Bump" should not be confused with "bump and grind" which is a whole 'nother matter.
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Photo Credit: the photo of the disco ball is from Bruno Girin's photo stream
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This post provided by Maureen McCabe of Real Living HER
Contact 614.388.8249
Website: MaureenMcCabe.com
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Information is deemed to be accurate but should be verified to your satisfaction. Information provided herein is supplied by several sources and is subject to change without notice. Opinions expressed are solely those of Maureen McCabe.
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