Remove Backup offer Remove Due diligence Remove Staging Remove Title search
article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

While it is rarer for a home sale to fall apart because of a buyer not getting financing, it is still something where due diligence is essential. One of the standard contingencies in nearly all real estate contracts is delivering a clear title. In real estate jargon, this is referred to as a “backup offer.”