In a seller’s market many contingencies are waived. Financing, appraisal, and inspection contingencies were not demanded by buyers in the last couple years so their offers would be more desirable. Now you will learn that there are two Home Sale Contingencies that some buyers might request. One is a Settlement Contingency and the other is a Sale and Settlement Contingency. The first one means that I am already in escrow and need to close, and the other means I have just listed my home and will need to go into escrow and close as quickly as possible.

For more information go to Investopedia.com/homesalecontingencies

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