Sellers don't like offers that are contingent upon the sale of the buyers' home. Buyers don't like to make offers on homes that are contingent upon the sellers' finding a replacement home. The reason ...

In real estate transactions, the term “contingency” comes up a lot. Why do you hear it so often, and what does it mean? A contingency is a clause added to the contract to give the parties the option ...

They are two of the most common little words in the English language – if and when – but they can mean a lot to subcontractors in terms of bringing in precious revenue. The existence of “pay-when-paid ...

When you’re working in an online document, the “undo” function can be an invaluable tool. So can a contingency clause when you’re looking to buy or sell a home. Real estate contingencies provide a way ...

Scott Mollen discusses "Mason v. Pembroke NY," where a purchaser breached contract by failing to comply with mortgage contingency clause in applying for a larger mortgage than permitted by the clause, ...

We have had our home on the market for three months, and finally received an offer last week. The price that the buyer is offering is fine with us, but the contract includes a “loan contingency” ...

MANHATTAN, NY - Buyers purchasing property in Manhattan risk losing substantial deposits if they cannot secure ...

Tue, July 22, 2025 at 1:38 PM UTC “Contingent” and “pending” both signal the status of a listed home — specifically, how close it is to being sold. Like distance markers on an expressway, these terms ...

Manhattan buyers, concerned about the difficulty of obtaining a loan in the wake of the subprime mortgage crisis, are more reluctant to purchase apartments without a mortgage contingency clause in ...

When a buyer’s offer on a home has been approved by the seller and the deal goes into contract, the purchase agreement often includes a mortgage contingency, a clause that means any final purchase ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: A home is one of the most expensive things you'll purchase in your ...