Home buying contingencies are conditions added to a purchase offer. If you do not meet any contingencies in the offer, your buyer can keep their earnest money and walk away from the deal. This is another example of why your real estate broker is important to the successful sale of your home. Part of our real estate services are to help you negotiate and manage the completion of contingencies to get you through the threshold to closing day.
Common contingencies include:
There may be other contingencies special to the buyer, or the area, or the land the home sits on. While contingencies are likely to be waived during an intense seller's market, they do occur and become commonplace in a buyer's market.
Ready to sell your home? Schedule an initial consultation with John P. Sharp today. Let's discuss your real estate goals and how we can help you achieve them.
Make it a win-win situation. View the deal in terms of how both parties can win and you will likely avoid risking the deal over repairs or other contingencies. This idea applies to every aspect of selling your home to a willing and able buyer. When both parties are considered, the best deal occurs.
John P. Sharp, Premium Real Estate Broker with Skyline Properties, Inc.
19515 North Creek Parkway, STE 214, Bothell, Washington 98011, United States
Call us today at 425-230-2525
Copyright © 2021 John P. Sharp
Premium Real Estate Broker with Skyline Properties, Inc.
All Rights Reserved.
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