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Buying Jan 2026 1 min read

Contingencies: which ones to keep, which to drop

A realistic look at which contingencies protect you in a competitive market, and which are mostly theater.

Contingencies: which ones to keep, which to drop

Every contingency is a trade between protection and competitiveness. Deciding which to keep starts with knowing what each one is actually protecting you from.

Keep the financing contingency

Unless you are paying cash, this is the one that keeps a failed loan from costing you the deposit. Pre-approval reduces the risk; it does not eliminate it.

Think carefully about inspection

Shortening the inspection window is usually a better concession than waiving it outright. You keep the protection and still look faster on paper.

Waiving a contingency is not a negotiating tactic if you cannot afford the outcome it protects against.

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