What Buyers Need to Know About Making an Offer on Active Contingent Listings
HomeLight
JANUARY 13, 2022
If a contingency isn’t met, then buyers can back out of a deal without any repercussions and they can get their earnest money back. Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. So he knows all the twists and turns that can occur between an accepted offer and a closed sale.
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