Contract Contingencies Return for Home Buyers

By
Real Estate Agent with Optima Properties BK 496540
Price is becoming more negotiable and the need to waive contingencies is hopefully becoming a thing of the past.
 
As the market has started to shift toward a more neutral market, buyers are regaining some power again and able to use contingencies to better protect themselves. As the market shifts, even in red hot markets, more contingencies are likely to appear as part of the process.
 
Read full article on Optima Properties' Blog

Comments (5)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kim N. Bregman very valuable report about contract contingencies return for home buyers..

Jul 24, 2022 10:34 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kim, we are not seeing the need for 3-60 day rent-backs now, and some contingency offers in Denver.

Jul 24, 2022 10:42 AM
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Thanks for sharing Kim.....

As the market has started to shift toward a more neutral market, buyers are regaining some power again and able to use contingencies to better protect themselves. As the market shifts, even in red hot markets, more contingencies are likely to appear as part of the process.

Jul 24, 2022 12:15 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Jul 25, 2022 02:25 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Mar 20, 2023 06:55 AM