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Contingencies

Homebuyers are still waiving inspections. Could the latest Fed rate cut help turn the tide? 

by Janet Nguyen
Sep 30, 2024
In a competitive housing market, buyers are forgoing their right to an inspection, or the right to walk away from a property if it’s not in good condition.
The housing market is so competitive in some areas that buyers feel pressured to waive home inspections.
Marje/Getty Images
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Facing bidding wars, more homebuyers are waiving contingencies

by Amy Scott
Apr 23, 2021
Contingencies allow buyers, under certain conditions, to renegotiate or even back out of a deal without losing money.
Buyer protections are often discarded in the current seller's market, which could squeeze out people who can’t afford a lot of risk.
Drew Angerer/Getty Images
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