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What does it mean when the buyer makes an offer with a home sale contingency or requesting seller concessions?

April 26, 2017buyer concessions Contingency Home mean Offer requesting sale seller

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What does it mean when the buyer makes an offer with a home sale contingency or requesting seller concessions?

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A home sale contingency essentially states that the buyer wishes to buy your home subject to the sale of their home. It’s also called a domino because once the buyer closes on your home you may close on the purchase of a new home.