For instance, the contingency clause might specify, "The buyer's responsibility to purchase the real estate is contingent upon the home evaluating for a rate...
Owners whose home remains in contingent status can accept a backup deal, which deal will have precedence if the initial deal does...
Accept a great deal, go into escrow, and make sure the contingency mentions that the sale of their current home will not go through...
For instance, there might be a stipulation stating: "This contract rests upon Buyer effectively obtaining a mortgage loan at an interest rate...
