Design Inspection contingency Purchase and sale agreement 
Redfin
JULY 15, 2025
Most buyers have between 5 to 10 days after an offer is accepted to schedule a home inspection and come back to the seller—but the timeframe depends on the purchase agreement , local laws, and any negotiations between buyer and seller. In California, buyers often have up to 17 days to complete all inspections and requests.
Redfin
JULY 14, 2025
It’s designed to show the seller they’re serious about the purchase and typically ranges from 1% to 3% of the purchase price. If a buyer acts outside the bounds of that agreement, even unintentionally, and the deal falls through as a result, it can be considered a breach of contract.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Redfin
JUNE 27, 2025
Don’t skip critical steps like the home inspection or negotiating closing costs. These can greatly affect both the quality of your purchase and your bottom-line expense. Whether you’re purchasing your first home in Phoenix, AZ or in Trenton, NJ , here’s what you need to know before starting the homebuying process.
HomeLight
JANUARY 31, 2024
You can then make a strong offer on your next home with no home sale contingency. Learn More What does contingent mean? In real estate, when a house is listed as “ contingent ,” it means the sale of the property is conditional upon certain criteria being met. How long can a house be contingent?
Realty Biz
FEBRUARY 20, 2021
Many buyers and sellers are not well educated about the intricacy of some real estate contingency clauses. Given they are significant legal terms in a purchase and sale, it is essential to have a strong working knowledge of how they work. Most buyers will have a home inspection contingency in their contract.
HomeLight
MARCH 31, 2022
But one of the most influential bargaining tools is eliminating contingency clauses, especially the seller contingency clause, also known as the home sale contingency. What is a contingency clause? Let’s begin by looking at the “what” and “why” of contingency clauses. Source: (Masjid MABA / Unsplash).
The Close
SEPTEMBER 19, 2024
These negotiation strategies are vital elements of real estate transactions and often determine the success or failure of a property sale. This guide is designed to provide essential knowledge and tips for answering the question, “What is a counter offer in real estate?”
Expert insights. Personalized for you.
Let's personalize your content