Day before yesterday the bank also sent their realtor a Property Inspection Contingency Release form.

Technically, it should be marked as "contingent" if your MLS has the status.

I am in a position to make no contingency cash offers to the bank so I can get the best deal, and then refinance after any needed rehab is done.

Get the option to buy but use a contingency to protect yourself.

Looks like the NY contingent is taking over.

Have a contingency plan in place if a unit remains vacant for a few months.Determine what a competitive rental rate is for your property by asking rental agents what they would expect to charge, by reviewing area rentals, and by personally visiting rentals available in the neighborhood.Run the numbers.

Charles Parrish wrote:Make sure you have a back door clause (subject to and contingent upon third party assignment before settlement) and that you give yourself enough time to re-cycle the property (buyer shall have 60 banking days to settle) and a safty clause (buyer has the right to extend the settlement by 25 banking days if necessary to complete all settlement paper work) and make sure you have the right to remarket the property before settlement ( buyer has the right to remarket property by private treaty or public auction any time before settlement)......and so on.

The contract for the second house was contingent on me obtaining financing.

There is a big Ohio contingency here now.

Commercial finance is largely contingent upon the cash flow of a property....so, it is important that you understand how a lender views your property so you will know how much down payment will be required to obtain it. [email protected]