Contingencies In Real Estate: The (ULTIMATE) Guide For Home Buyers
Contingencies In Real Estate: The (ULTIMATE) Guide For Home Buyers
Jul 10, 2020
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What Are Real Estate Contingencies?
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🏡 What Is a Sale Contingency in Real Estate? A sale contingency means your deal depends on another home being sold first. ⭐ If You’re the Buyer: A sale contingency says: > “I want to buy your home, but only if my current home sells first.” This protects the buyer so they don’t get stuck owning two homes at once or being unable to close financially. There are two common types: 1. Home Sale Contingency Your current home is not yet under contract. You’re telling the seller you need time to list it
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