Tag: Contingency

Posted on 08/28/2022

Contingency clauses in a real estate contract typically come from the buyer. However, there are some contingencies sellers can use in a sale negotiation as well. While they’re less common, knowing the basics can help in selling your home. Here are the main contingencies every seller should know: Kick-Out Clause A kick-out clause is a useful balance to...

Contingency

Contingent

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Posted on 07/18/2021

4 Contingencies for Homebuyers to Know

In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....

Contingency

Home Buying

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Posted on 03/29/2020

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...

Buying

Contingency

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