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How These 3 Contingencies Affect Your Home Purchase

As a buyer, these contingencies play a big part in your home purchase.

If you’re a buyer, contingencies are an important part of writing your offer. They affect both the quality of your offer and the success of your transaction. Today I’ll go over the three most important contingencies: inspection contingencies, appraisal contingencies, and loan contingencies. I’ll tell you what you need to know about each and how they impact a home sale. 

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure:

0:00—Introduction to today’s topic 

0:21—Inspection contingency

2:07—Appraisal contingency 

4:07—Loan contingency 

5:20—Wrapping things up

As always, if you have questions about this or any real estate topic or are thinking of selling a home soon, don’t hesitate to reach out to me. I’m happy to help.

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