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What Does Contingent Mean in Real Estate Sales

Realty Biz

Home Inspection Contingency. Home inspections are one of the biggest hurdles in home sales. It is not uncommon for a home to go from being market “contingent” to “back on the market” because of some issues discovered from the home inspection. Home Sale Contingency.

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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

Things that could derail a sale during the sale pending period include: The home inspection. Most buyers will add a number of contingencies to the contract, such as the home inspection, appraisal, and financing contingency. Line up backup offers to hedge your risk. You’re not entitled to see the full inspection report.

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