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The following four common contingencies must be taken into account by every home buyer:
- Contingency for a home inspection.
- Evaluation contingency.
- financing potential.
- Contingency for home sales.
What are seller contingencies?
One form of the condition that is typically seen in a real estate sales contract or an agreement to buy real estate is a home selling contingency. The deal is subject to the sale of the buyer's house if there is a home sale contingency in place. The agreement continues if the buyer's home sells by the deadline.
What are buyer contingencies?
A contingency in a real estate purchase agreement is a clause that specifies a requirement that must be met before the agreement is deemed enforceable. Before both the buyer and the seller have signed it and concurred with all of the conditions, the contract is not legally binding.
Learn more about contingencies: https://brainly.com/question/17275335
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