Closing costs Inspection Inspection contingency Loan contingency 
HomeLight
AUGUST 31, 2021
The lender usually also requires additional contingencies before they’ll approve the loan, such as an appraisal contingency to make sure the home is worth the amount they are loaning you to buy it, and an inspection contingency to see if there are any potential problems. There’s no financing contingency.
HomeLight
MARCH 23, 2022
If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. Lead with your highest bid. In this market, Peterson hasn’t seen many counter-offers coming from sellers because many buyers are making offers over asking price. Count your cash.
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