Q » What is a contingency and which ones should I include when buying a luxury home?

29 Oct, 2025

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A » A contingency in real estate is a condition that must be met for a contract to be binding. When buying a luxury home, consider including contingencies like financing (to ensure you secure a mortgage), inspection (to uncover potential property issues), appraisal (to confirm the home's value), and title review (to verify a clear ownership history). These protect your investment and provide a safe exit if necessary.

Michael

30 Oct, 2025

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A »A contingency is a condition that must be met for a real estate transaction to proceed. When buying a luxury home, consider including contingencies for financing, appraisal, inspection, and sale of your current home to protect your interests and allow for negotiation or withdrawal if issues arise.

David

30 Oct, 2025

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