08/21/2026
If you’re buying a home in Buffalo, you’re going to hear the word “contingency” A LOT. 🏡
So what does it actually mean?
A contingency is a condition that needs to be met before a real estate contract can move forward. Common examples include a home inspection contingency, mortgage/financing contingency, appraisal contingency, or home sale contingency.
Basically: “I’m agreeing to this purchase, as long as this specific thing happens.”
Understanding contingencies can help you feel much more confident when navigating the home-buying process, especially in the Buffalo, NY real estate market.
Save this for the next time you’re house hunting! 🔑