Contingencies create agreed conditions
A contingency makes a contractual obligation dependent on an agreed event or review. Examples may involve financing, inspection, appraisal, title, insurance, or the sale of another property.
Every deadline matters
Contingencies have specific wording, dates, notice requirements, and possible consequences. Do not rely on a generic internet explanation when the signed contract controls.
Ask questions early
Discuss the offer terms, risks, and deadlines with your Realtor and consult an attorney for legal interpretation.
Review due-diligence questions → · Talk with Jonathan
Questions to bring to your next conversation
- What information should I verify for my specific property or transaction?
- Which deadlines, documents, or decisions should I track?
- Which question belongs with my lender, title professional, inspector, appraiser, attorney, or tax professional?
Real-estate decisions depend on the property, contract, financing, timing, and professional advice involved. Use this article as a starting point, then confirm details for your situation.