Buying a home on Contingency: How to do it?

Todd and Oana discuss buying a home on contingency and how that would work. Most home sales are done without the contingency of selling another home. When a buyer has another home to sell before buying, they do something called a “contingent purchase” which means the house they can back out of the purchase if they don’t sell their home and still get their earnest money back.

Most sellers won’t accept an offer on a home contingency.

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