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Every house buyer must consider the following four typical contingencies:

  • Home inspection contingency.
  • Appraisal contingency.
  • Financing contingency.
  • Home sale contingency.

What is a common contingency clause?

Contingency clauses give one or both parties a means to back out of a real estate agreement if a set of predetermined requirements are not met. In other words, certain requirements must be met for the sale to go through.

Do sellers like contingent offers?

A buyer could include any condition in a contingent offer, but sellers are unlikely to accept it. A contingent offer must be signed by both parties after all conditions have been agreed upon by them both. Sellers are not required to accept every contingency that a buyer adds to the agreement.

Learn more about contingent offers: https://brainly.com/question/16992715

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