Rochester Real Estate

NOVEMBER 5, 2015

Typical Contingencies That Would Allow The Return of Your Earnest Money What Are Some Of The Most Common Real Estate Contingencies? Home inspections Mortgage contingency Real Estate Appraisal Home sale contingency These are the most typical contingencies that could allow for the return of your home deposit.

Earnest money deposit

Redfin

JULY 16, 2025

While they’re less successful than primary offers, they still result in sales when deals fail: 10–15% of contracts typically fall through: Industry data shows that roughly 1 in 10 real estate transactions fail to close due to financing issues, inspection problems, or appraisal shortfalls—creating an opportunity for backup buyers to step in.

Backup offer

HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Because it’s fast.

Closing

The Close

SEPTEMBER 19, 2024

Additionally, we request that the inspection contingency be modified to accommodate this timeline, ensuring ample time for all necessary processes. Conversely, removing certain contingencies, like a home sale contingency, may enhance the offer’s appeal to the seller by simplifying the transaction and reducing perceived risks.

Purchase and sale agreement

HomeLight

JANUARY 3, 2023

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. The possibility of underselling the home is one major concern. HomeLight Buy Before You Sell allows you to buy a new home with confidence. Closing date.

Purchase and sale agreement

HomeLight

MARCH 31, 2022

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Underselling the home is a real possibility. cantly lower than the median of agent-assisted homes at $318,000.” Closing date.

Purchase and sale agreement

HomeLight

MARCH 31, 2022

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. The possibility of underselling the home is one major concern. cantly lower than the median of agent-assisted homes at $318,000.” Closing date.

Purchase and sale agreement