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Backup offer

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What Is a Home Sale Contingency?

HomeLight

MARCH 20, 2023

A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. They may be able to accept backup offers as well, depending on how the clause is written. Offer a larger earnest money deposit. Offer over asking price. Money talks!

Home sale contingency

Home sale contingency Purchase and sale agreement Sales Earnest money deposit

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