Redfin

JUNE 23, 2025

This timeframe grants the buyer permission to thoroughly inspect the property. It’s a crucial period to verify the property’s condition, ensure it meets expectations, and meet any financing requirements set by the lender. What happens in the due diligence period?

Due diligence

Realty Biz

JULY 25, 2023

Besides a home inspection contingency, some common contingencies include: Appraisal contingency: This contingency allows the buyer to back out of the sale if the property doesn't appraise for the agreed-upon price. For example, if the buyer is unable to get financing, the seller can back out of the sale.

Sales

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. The frenzied real estate market of '20-'21 exacerbated the issues found in normal markets.

Inspection contingency

HomeLight

FEBRUARY 28, 2021

Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. Waive home inspection contingencies — but NOT the home inspection. Waive appraisal and finance contingencies. Offer a rent-back clause to the seller.

Earnest money deposit

HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Home inspection report. Decide if you can comply with a buyer’s contingencies. Stand by for inspection. Original sales contract.

Purchase and sale agreement

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. Let’s review some of the top points of negotiation you may encounter: Contingencies. Is a real estate attorney required? . Closing date.

Purchase and sale agreement

HomeLight

MARCH 13, 2023

You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all.

Sales