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Updated almost 6 years ago on . Most recent reply

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Can you make a cash offer on a house with a contingency?

Posted

I have seen a number of houses in my area with contingencies on them.

Can I make a cash offer and ,if so, does that take precedence over a contingency?

Also, if so, can I propose a lower priced offer and how is that considered on a contingent house?

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Larry Turowski
  • Flipper/Rehabber
  • Rochester, NY
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Larry Turowski
  • Flipper/Rehabber
  • Rochester, NY
Replied

@Christopher Fawls A cash offer precludes any financing contingency, which is pretty big, and attractive to sellers.  You can still have other contingencies.  An inspection contingency is the most common.

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