Contingencies 101: The Exit Ramps That Protect Buyers and Shape Strong Offers
Contingencies are one of the most important and most misunderstood parts of a real estate purchase agreement. Buyers often don’t fully understand what they protect, sellers aren’t always clear on how they work, and both sides can misjudge how they affect the strength of an offer.
One way I explain contingencies to buyers is through a road-trip analogy.
You’ve started the j...