Real Estate ProTip: Do Not Lift Your Contingencies Unless You are 100% Comfortable

You may have heard the term "lifting contingencies." Contingencies basically pertain to milestones or duties you need to perform as a buyer, like the home appraisal or your inspections. For example, if you are done with your inspections and are comfortable with the condition of the house, you would "lift" your inspection contingency as a good faith gesture to the seller. This lets them know that you are still in love with the house and want to move forward. Please make absolutely sure that you are completely happy with the home because if you lift your inspection contingency and you find something you do not like later on during escrow, like maybe there is a crazy neighbor or something, you cannot cancel the sale without putting your deposit at risk.

If you have more questions about the process feel free to call 619-972-4168