What Are Real Estate Contingencies?
What Are Real Estate Contingencies?
6 months ago
zillow.com
What is a contingency in a real estate contract? - A contingency in a real estate contract is a crucial condition that must be met for the sale to proceed. Think of it as a safety net for both buyers and sellers, offering protection and flexibility. Common contingencies include the home inspection, which allows buyers to back out if there are major issues with the property, and the financing contingency, which protects the buyer if they can't secure a mortgage. Another important one is the appra
What is a contingency in a real estate contract? - A contingency i…
17 viewsJun 28, 2024
FacebookJoe Manausa Real Estate
Contingency Fee Based Lawyer in Phoenix, Arizona
Contingency Fee Based Lawyer in Phoenix, Arizona
Feb 27, 2025
hutzlerlaw.com
Let’s talk contingencies! In real estate, a contingency is a clause in your contract that protects you if either party can’t meet their obligations. One of the most common? A financing contingency — which gives buyers an out (and their deposit back) if they can’t secure a mortgage for a legitimate, documented reason. Sometimes buyers choose to waive certain contingencies to strengthen their offer, and sometimes sellers only want contingency-free offers. That’s why having a strong team matters —
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Let’s talk contingencies! In real estate, a contingency is a clause i…
59 views3 months ago
FacebookMarciano Team at Keller Williams NY Realty
✨ Real estate terms made simple! ✨ Ever heard the word “contingency” and wondered what it really means? 🤔 It’s just a fancy way of saying: this deal depends on something happening first — like financing, inspections, or other key details. Contingencies are there to protect you, and I’ll guide you through every step so there are no surprises. And when it comes to your mortgage, let’s talk about the principal! Just like the principal at school is your pal 👩‍🏫, the principal in your loan is too.
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