07/18/2026
For quite a while now, home sale contingencies and other contingencies were very tough to get accepted in an offer, due to the leverage held by sellers. However, in recent months, the many market segments have become more balanced and contingencies are part of the discussion again. Great info to be aware of for buyers and sellers.
Contingencies get a bad reputation in competitive markets. Buyers are told to waive them to win. But here's what that advice actually costs you.
A contingency is protection β not a weakness.
π Inspection contingency: Lets you walk away or negotiate if serious issues surface. Skipping this means you own whatever problems come with the home.
π° Appraisal contingency: Protects you if the home doesn't appraise at purchase price. Without it, you cover the gap out of pocket.
π¦ Financing contingency: Shields you if your loan falls through. Waiving it means you could lose your earnest money deposit.
Now β are there situations where waiving makes sense? Sometimes, yes. But that decision should come from strategy and information, not pressure.
Knowing when to hold your contingencies and when to structure them creatively is the difference between a risky offer and a strong one.
Have questions about how contingencies work in today's market? Drop them below or send me a message. π©