WebNov 29, 2024 · A contingency is a clause in a real estate contract upon which the deal depends. In other words, if the terms of the contingency aren’t met, either or both parties involved have the right to back out of the agreement, and the deal can be called off. Webcon· tin· gen· cy kən-ˈtin-jən-sē plural contingencies 1 : the quality or state of being contingent 2 : a contingent event or condition: as a : an event that may but is not certain to occur a contingency that made performance under the contract impossible b : something likely to come about as an adjunct to or result of something else
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WebJul 30, 2024 · There are two other offers going in on the property. To sweeten your offer, you may be considering waiving the appraisal contingency, promising not to walk away from the deal if the appraisal comes in below your offer price. Loosening the stipulations in a contract can make your offer much more attractive. As of June 2024, 32% of buyers … WebHow to do a simultaneous closing while using the buyer contingency addendum to the Arizona Residential Purchase Contract (AAR).I talk about:Timing3 Tips how ... flight prices are insane
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