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Why Do Some Buyers Waive Contingencies?

by Gordon Hageman

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In competitive markets, buyers may waive certain contingencies—like inspection or appraisal—to strengthen their offer. This signals confidence and reduces the seller’s perceived risk of the deal falling through. However, it also increases the buyer’s exposure if issues arise later. Waiving contingencies should only be done after careful consideration and consultation with an experienced agent. A smart strategy balances appeal with protection, ensuring enthusiasm doesn’t override prudence.

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Gordon Hageman

Gordon Hageman

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