Contingencies might sound like boring paperwork, but they protect real money 📝
Key contingencies include:
Inspection contingency
Allows renegotiation or exit if major defects appear.
Financing contingency
Protects buyers if a loan falls through.
Appraisal contingency
Ensures the home value supports the price.
Home sale contingency
Protects buyers who must sell first.
Waiving contingencies can strengthen offers, but it increases risk. This decision should always be strategic, not emotional.
Smart buyers understand what they’re removing before they remove it.
Protection today prevents regret tomorrow.