Eric Healy
Inspection contingency on new construction situation
Hello,I'm in a of a bit if a situation and was hoping someone here might have an answer. I have been under contract for a few months now for a new townhouse that is currently being built. I need the option to get out ...
Brian Huber
Is it safe to remove the financing contingency from contract if there's still an inspection contingency?
Hi, I have a seller who wants me to remove the financing contingency from the contract. I still have an inspection and "approval of partners" contingency. Will that suffice for CYA?Thanks!
David de Luna
Lift Lending Contingency on a CONDITIONAL approval?
My final contingency left is lending. We are past the deadline by a day to do so but seller and seller agent are calm, confident I'm doing the deal. My agent is pressing me to sign off on the contingency, but my appro...
Bryan Venable
How to purchase from wholesalers with contingencies
Hey BiggerPockets,I'm an out of state investor working with wholesalers right now to find deals. I am a new investor and don't have a track record, as such I find that most of the wholesalers that bring me potential d...
Nick SyWassink
HELP - Foreclosures and contingencies to home inspection
Aright Guys, We found this property (foreclosure) well below market values $35.00 sq ft. I left a contingency for a home inspection, in case there is something I am not seeing. However there is now multiple of...
Josh Stack
Adding Contingencies to Contracts Post DD Period
Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...
Riz Ahmad
Is inspection contingency a turnoff for sellers?
Has anyone ever run into an issue where the inspection contingency has caused their cash offer not to be accepted.
Is this a very big turn off for sellers to pick a different offer.
Recently came across a situa...
Riz Ahmad
Is inspection contingency a turnoff for sellers
Has anyone ever run into an issue where the inspection contingency has caused their cash offer not to be accepted.
Is this a very big turn off for sellers to pick a different offer.
Recently came across a situa...
Nick Hakim
Contract Dispute - Mortgage Financing Contingency vs. Investors
Hey BP!I recently found myself in an interesting scenario where myself and a seller are battling over an earnest money deposit due to differing views on the definition of a mortgage financing contingency. In short, he...
Terry Royce
Putting in contracts that don't allow contingencies
I want to put an offer on a bank owned property. The listing states that there are certain adendums to accompany the contract. They state that termite and home inspections are for buyer's info only.
So my question is...