Contingencies In Real Estate: The (ULTIMATE) Guide For Home Buyers
Contingencies In Real Estate: The (ULTIMATE) Guide For Home Buyers
Jul 10, 2020
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zillow.com
🏠 What does "CONTINGENT" really mean on Zillow? If you've been house hunting, you've probably seen homes listed as "contingent" and wondered - is it sold? Can I still put in an offer? Should I move on? In this video, I explain exactly what contingent status means and what your options are as a buyer. This could be the difference between giving up on your dream home or getting a second chance! If you're actively looking at homes right now, you need to watch this. Have questions about contingent
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YouTubeJeb Smith
What is a contingency? A contingency in real estate is basically a built-in protection for buyers (and sometimes sellers). Think of it as a condition that must be met before the sale can officially move forward. Here are the most common ones you’ll see👇 ✅ Inspection Contingency – Lets the buyer inspect the home and negotiate repairs or walk away if major issues pop up. ✅ Appraisal Contingency – Protects the buyer if the home doesn’t appraise for the purchase price. ✅ Financing/Mortgage Continge
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