What Is a Sale Contingency?

A home sale contingency is one type of contingency clause which is often included in a real estate sales contract or an offer to purchase real estate. The clause states that the transaction is dependent (or contingent upon) certain circumstances – usually the sale of the buyer’s home. Many people start looking for their ideal home before their own has …

What Is a Sale Contingency?

A home sale contingency is one type of contingency clause which is often included in a real estate sales contract or an offer to purchase real estate. The clause states that the transaction is dependent (or contingent upon) certain circumstances – usually the sale of the buyer’s home. Many people start looking for their ideal home before their own has …