What are Contingencies? Selling a home and not sure what contingencies are? This video explains what each contingency is: Due Diligence - Home Inspection - HOA Resale Package - Appraisal - Loan... these are all contingencies - which means the buyer can get their Earnest Money Deposit back if they back out during these periods for those reasons.
0:00 What the buyer is backing out and they get their EMD back?
0:30 Due Diligence
1:08 HOA Resale Package
1:35 Appraisal Contingency
2:15 Loan Contingency
What are Contingencies? Due Diligence - Appraisal - Loan
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