Remove Branding Remove Due diligence Remove Inspection contingency
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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

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Contingencies are clauses in real estate contracts stipulating that certain conditions must be met before the deal can close. Real estate contract contingencies are commonly associated with getting a mortgage, as lenders tend to do their due diligence on a property before they’ll put up the money for it. Property survey.

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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

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Their purchase is contingent on all of these steps in escrow going according to plan. However, a number of hiccups can prevent those contingencies from being lifted, including: Irresolvable issues that arise during due diligence. An appraised value that comes in under the contract price. Source: (vchal / ShutterStock).

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