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Contingencies play a crucial role in protecting buyers during a home purchase. From financing and inspections to appraisal clauses, understanding these key terms can help you navigate the process with confidence and avoid costly mistakes. | Matin Real Estate | Facebook
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Let’s talk contingencies! In real estate, a contingency is a clause in your contract that protects you if either party can’t meet their obligations. One of the most common? A financing contingency — which gives buyers an out (and their deposit back) if they can’t secure a mortgage for a legitimate, documented reason. Sometimes buyers choose to waive certain contingencies to strengthen their offer, and sometimes sellers only want contingency-free offers. That’s why having a strong team matters —
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