Buying A Home
Real Estate Contingencies: Pros & Cons, Common Types, And Whether You Need Them
Contingencies in a real estate purchase contract allows the buyer (or seller in the case of seller contingencies) to cancel the contract without breaching the contract. While contractual contingencies can be built in for pretty much anything you can think of, there’s a few common and somewhat standard contingencies for buyers… Investigation / inspection contingencies Appraisal contingencies Financing contingencies In this article, we’ll dive into each of these three most common contingencies, why you may or may not want to include them in your offer, and other considerations. Whether you’re looking to buy, sell, or invest in real estate, it’s
