Part of the KashHomeBuyers Real Estate Glossary
A contingency is a condition or requirement in a real estate purchase agreement that must be fulfilled before the transaction can close. Common contingencies include: financing contingency (sale is void if buyer can't get a mortgage), inspection contingency (buyer can cancel or renegotiate after inspections), appraisal contingency (sale is void if appraisal comes in below purchase price), and sale contingency (buyer must sell their current home first). Contingencies create uncertainty for sellers — each one is a potential exit for the buyer. Cash sales to KashHomeBuyers have zero contingencies: we don't need financing approval, we don't conduct inspections that affect our offer, we don't require an appraisal, and we don't have a property to sell first. Once you accept our offer, the sale proceeds to closing with near-certainty.
When you sell to KashHomeBuyers, understanding Contingency helps you evaluate our offer and know exactly what to expect at closing. We explain every aspect of our offer calculation — including how Contingency affects your net proceeds — with full transparency and no pressure.
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