In real estate, a "contingency" refers to a condition of the Agreement of Sale that needs to occur in order for the transaction to keep moving forward. As Buyers and Sellers, it's important to understand contingencies and how they can impact offers and/or potential sales. I reached out to one of my favorite Business Partners, Loan Advisor, Hunter Marckwardt, of RPM to explain both appraisal and loan contingencies. Please take a few minutes to watch this quick video and hear Hunter’s perspective:
For additional questions or to continue the conversation, Hunter can be reached at hmarckwardt@rpm-mtg.com or 925.552.3892.
Thanks,
Dana Green