Tag: contingency

What does contingent mean?

Written by Federal Title on 2022-08-06.

When browsing homes for sale on a real estate app like Zillow or Redfin, you may come across property labeled contingency or contingent. What does contingent mean in real estate?A contingent contract means the offer to buy the house includes...

How to avoid 4 common closing delays

Written by Kimberly Gentile on 2022-03-15.

Closing day should be a day for celebration, but for some, it’s a nightmare. What can you do to make sure your closing runs smoothly?Fortunately, most closings occur on schedule. According to a January 2022 survey by the National Association...

Sellers should consider an appraisal addendum

Written by Federal Title on 2013-09-05.

As we are again finding ourselves in a competitive market, with sellers in many cases receiving multiple offers, one issue that has re-surfaced is the concept of “waiving the appraisal contingency.” What does this mean to a buyer...

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The bait ‘n’ switch: From an all-cash offer to not

Written by Todd Ewing on 2013-08-13.

Consider the following scenario: It’s a bidding war, and the seller of a property is choosing between multiple offers. It comes down to the two highest offers: Offer A: $505,000, FINANCING of 20% down and 80% loan, $5,000 earnest money deposit,...

Have a home inspection without placing a contingency in the contract

Written by Federal Title on 2013-03-05.

I want a home inspection, but I don’t want to put a contingency in my offer. How can I have it both ways? Since inventory is low in the DC area, most potential buyers do not want to remit an offer that has any contingencies. Many buyers find...

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Tag: contingency

What does contingent mean?

How to avoid 4 common closing delays

Sellers should consider an appraisal addendum

The bait ‘n’ switch: From an all-cash offer to not

Have a home inspection without placing a contingency in the contract

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