A home purchase contract typically includes contingencies to protect the parties against uncertainties and to allow the buyer sufficient time to complete the required checking and other tasks prior to closing. Most of these contingencies will probably be included in any contracts your receive.
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Appraisals. |
A Red Flag
Beware of any buyers who want an unreasonable set of contingencies. You should not have a problem with a normal set of conditions, but beware the buyer who attempts to tie up the property with an extensive set of unnecessary clauses and contingencies.