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Do I Accept the First Offer on My House, or Wait and See?

HomeLight

Therefore, the fewer contingencies tied to an offer, the more likely the deal will reach closing. Common contingencies include an inspection contingency and an appraisal contingency. Your home has recently gone on and off the market. An identical home to yours just sold for less.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

When a buyer adds contingencies to a real estate contract, the risk of a delayed or cancelled settlement increases. A cash buyer will generally not use a financing, appraisal, or home sale contingency , and many cash buyers will inspect the property for informational purposes only.