Backup offer Earnest money deposit Title 
Redfin
JUNE 11, 2025
In this article: Home inspection contingency Appraisal contingency Financing contingency Title contingency Home sale contingency Home insurance contingency Kick-out clause FAQs about contingencies in real estate 1. The title company typically conducts this search shortly after the contract is signed.
Realty Biz
NOVEMBER 11, 2020
They will also get their earnest money deposit back , and the home will go back on the market. 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.”
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RIS Media
MAY 19, 2021
The contingent status typically allows the home to be shown to other possible buyers, allowing backup offers to be made. Doing so could mean the forfeiture of their earnest money deposit. Lenders aren’t going to provide money for a property that the buyer’s offer has overvalued.
HomeLight
OCTOBER 20, 2020
It’s standard for homebuyers to pencil in these escape hatches in the event that the home fails to appraise, an issue crops up with the title, or if they’re unhappy with the results of the inspection. This tells other buyers that the home is still available for showings and backup offers. It’s not instant.
HomeLight
MARCH 20, 2023
Title Contingency: If the title inspection reveals problematic issues, the buyer can insist upon remedies from the seller or walk away from the purchase. A kick-out clause acts as a sort of compromise in light of an offer with a home sale contingency. Offer a larger earnest money deposit. Money talks!
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