Blog > What Are Contingencies in Real Estate?

What Are Contingencies in Real Estate?

by Gordon Hageman

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Contingencies are conditions written into a real estate contract that must be met for the sale to move forward. Common examples include financing, appraisal, inspection, and home sale contingencies. These clauses protect buyers by allowing them to back out or renegotiate if certain issues arise. For sellers, fewer contingencies mean a smoother, more predictable closing. A good agent helps balance protection with competitiveness—crafting terms that safeguard the client’s interests without weakening their position in negotiations.

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Gordon Hageman

Gordon Hageman

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