When you submit an offer, the contract isn’t just about price—it’s about contingencies. These are protections built into the agreement that give you the right to cancel or renegotiate if certain conditions aren’t met. Here are the most common ones I review with my buyers:

1. HOA Contingency
If the property is in a Homeowners Association, you have the right to review the rules, financials, and restrictions. This ensures you’re not surprised by hidden fees or rules that don’t fit your lifestyle. If the HOA’s terms don’t work for you, you can cancel within the review period and recover your escrow deposit.

2. FHA/VA Financing Contingency
If you’re using FHA or VA financing, the property must meet specific safety and condition standards. The contingency allows you to walk away (with your deposit) if the home doesn’t qualify and the seller won’t make required repairs. This protects you from being stuck with a home that doesn’t meet lender or government requirements.

3. Appraisal Contingency
Even if you love the home, your lender won’t finance more than the appraised value. An appraisal contingency gives you options if the property comes in lower than the purchase price: renegotiate with the seller, make up the difference in cash, or cancel without losing your escrow.

4. Lead-Based Paint Disclosure & Contingency
For homes built before 1978, federal law requires sellers to disclose any known lead-based paint hazards. As a buyer, you have the right to inspect and, if necessary, back out if the risks are unacceptable. It’s a safety net to protect your family’s health.

5. General Inspection Contingency
Often called the “general inspection” or “due diligence” period, this gives you the right to hire inspectors and uncover hidden issues—roof, electrical, plumbing, mold, and more. If problems arise, I help you negotiate repairs, request credits, or cancel the contract without losing your escrow.

At the end of the day, contingencies are not obstacles—they’re shields. When you work with me, I make sure every protection is in place so that your investment, your family, and your future are covered.