real estate contingencies

Agent and seller discussing contingencies

What Contingencies Mean and How They Affect Your Sale

The first time most sellers hear the word "contingency" in a real estate transaction, it lands somewhere between confusing and slightly alarming. It sounds like fine print. It sounds like something that could go wrong. And honestly, that instinct isn't entirely off — contingencies are the conditions built into a purchase contract that give buyers a legal exit ramp if certain things don't go the way they...