Real estate has a lot of words that sound more complicated than they need to be. One you’ll hear often? Contingency.
A contingency is simply a condition that has to be met for a sale to move forward. Common examples include inspections, financing, appraisal, or the sale of another home.
They’re there to protect people and create clear next steps, but they can also affect timing, negotiations, and how strong an offer looks.
Have a real estate term you’ve always wondered about? Send it our way and I’ll explain it in plain English.

