What are Home Contingencies and Why are They Important?

Part three of our home buying series talks about what it means to get into contract and what the next steps are. What do you do now that you’ve gotten your dream home into escrow? There are a few important steps and to make sure you’re prepared we’re breaking them down for you.

At this stage, you’ll encounter the part of your contract that deals with contingencies. Three of the most common contingencies are financial, appraisal, and inspection contingencies. Each of these plays a significant role in getting you closer to being handed your keys so it’s important that you know what they are and what each contingency entails!

Watch “How to Buy a Home in Silicon Valley in 2022: Home Contingencies - Part Three” below for everything to need to know about your home contingencies.