Contingencies are clauses in a home purchase contract that allow buyers to back out without losing their earnest money if specific conditions aren't met—such as issues with financing, appraisal, or inspections. They protect the buyer and can provide leverage in negotiations. While most offers include multiple contingencies, some buyers may waive them in competitive markets to strengthen their offer. A good real estate agent will help balance protecting your investment with making your offer appealing, especially when certain contingencies, like financing and appraisal, are required by lenders. In this video we'll cover seven common contingencies you may encounter while buying a home. *Read the full article:* https://www.zillow.com/learn/real-estate-contingency/ 🏡 *Connect with a local agent* https://www.zillow.com/buy/ *Get pre-approved with Zillow Home Loans* *An equal housing lender. NMLS # 10287* https://www.zillow.com/homeloans/ 📖 *3 Things You Should Know About Preliminary Title Reports* https://www.zillow.com/learn/3-things-you-should-know-about-preliminary-title-reports/ *What Is a Financing Contingency on a Home Purchase?* https://www.zillow.com/learn/financing-contingency/ *What Is a Home Inspection Contingency?* https://www.zillow.com/learn/home-inspection-contingency/ *Appraisal Contingency: What Is It and Do I Need It?* https://www.zillow.com/learn/appraisal-contingency/ *Zillow Learning Center* https://www.zillow.com/learn/ Chapters: 00:00 - Intro 00:34 - 7 Common contingencies every buyer should know 1:37 - Disclosure contingencies 2:42 - Inspection contingencies 3:38 - Appraisal contingencies 4:53 - Financing contingencies 5:54 - Title contingencies 6:45 - Insurance contingencies 7:32 - HOA contingencies 8:15 - Outro #contingencies #homebuying

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