4 Essential Guidelines When Evaluating Real Estate Contingencies

Written by Posted On Wednesday, 04 March 2015 16:31


4 Essential Guidelines When Evaluating Real Estate Contingencies


A contingent offer is pretty standard. It means an offer on a home has been made and the seller has accepted it, but the finalized sale is contingent upon certain criteria that have to be met. Contingencies help outline the needs of buyer and sellers to encourage accurate and clear communications during the transaction in an effort to reach an agreement.


Contingent statements are an excellent way to communicate concerns and are submitted in good faith to facilitate your housing goals. It is really important to carefully read each statement to make sure it correctly conveys your thoughts and wishes. Here are 4 essential guidelines when evaluating real estate contingines.


  1. It should be as reasonable as possible so as not to put either party in a situation that has no hope of being resolved.

  2. It should include time limits so as not to be interpreted as open ended.

  3. It should include definitions whenever applicable and always utilize clear language.

  4. It should include the “five W”‘s. Who, what, why, when and where and if there is a cost who pays for it.

Rate this item
(0 votes)
Josh Feinberg

I’m super excited and passionate about what I do and take pride that a lot of my business is word-of-mouth referrals that has created many long-term relationships with people who have bought and sold through me repeatedly over the years. I ‘m more than just a realtor I’m an advocate, facilitator and expert in Phoenix’s often intricate real estate market. 

For ten years I’ve helped my clients in setting realistic expectations by considering such factors as budget, desired location and the event of a sale, I’ve helped achieve for them the maximum selling price. Having expertise and experience in the ever changing Phoenix real estate market dramatically has helped shape the decisions of my clients through the complex process that real estate has become.  


10 Years Of Experience 

• Expert knowledge of the Scottsdale,Paradise Valley and Phoenix area

• Skillful negotiating skills

• Innovative marketing ideas

• Extensive knowledge of the mortgage industry

• Excellent communication skills

• Outstanding personal service



Agent Resource

Limited time offer - 50% off - click here

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.