In a competitive real estate market, buyers often hear about waiving contingencies to make their offer more attractive. While this strategy can help secure a home in high-demand areas, it also comes with risks that should be carefully considered before deciding. What Are ContingenciesContingencies are conditions in a purchase agreement that protect buyers. Common contingencies include home inspections, appraisals, and financing. They give buyers the option to back out or renegotiate the deal if … [Read more...]