This may or may not include waiving your inspection, financing, and appraisal contingencies, a quick closing, non-refundable earnest money, etc.

I made it clear, in my offer, that my offer was contingent on that tenant (and all personal property) being removed from the property. 

Folks - I am under contract for a property where we have issued notice to buyer than unless they cancel contract due to appraisal contingency we expect the sale to close on Monday at the offer price.

Dont forget the cost of the remodel...that's just further in the hole...if its financed... even worse...that will definitely affect your cash flow...and hopefully you had an appraisal contingency...you might be in a better position to negotiate than you think...Good luck on the deal...hope it works out for you 🤙🤙

At what point in the purchasing process are the contingencies made?

We do this because legal fees can end up being enormous, sometimes hundreds of thousands of dollars, and a good attorney that thinks you have a solid case will take it on a contingency, knowing that when they win they will be paid.

They aren’t there to help you negotiate the price down, because of contingencies like inspections or appraisals.

NYC is a horrific place for LLs and there is a contingent of DSA (Democratic Socialists of America) politicians that are trying to make it even worse, end goal being no private property.

If $5k is in the contract with no contingencies (i.e. we’ll give you a credit unless we can get it to work) than you get the credit.

Sometimes the contract lists other contingencies as well.