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Tag: Contingency

Posted on 10/21/2021
What Are Home Inspection Contingencies?
In real estate, a contingency is any clause in the purchase offer that gives the buyer a way to back out if certain requirements aren’t met. There are many types of contingencies used in home sales all covering different circumstances to protect the buyer’s best interest. The most common type of contingency is a home inspection contingency, which...
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Posted on 05/06/2021
Timing Your Sale with Your Purchase
Photo by DraganCFM via Shutterstock It’s always a quandary: can I buy my new home and sell my old house so that the timing of both matches? Well, yes! There are several ways to do this. Here’s a breakdown of how it can work. Buy a Home on a Contingency. Just what is a contingency? It’s an agreement...
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