What is a home Sale Contingency?
Channel: Living in Boston & the Burbs by Jeffrey Chubb
Date: 2021-08-05

What is a Home Sale Contingency?

In this video we discuss what a Home Sale Contingency is as well as how and when they are used. 

Home Sale Contingencies are used to protect a buyer that needs to sell their house in order to buy a new one. 

There are two types of Home Sale Contingencies, a Sale & Settlement Contingency as well as just a Settlement Contingency.

"Kickout" Clauses are often found with Home Sale Contingencies. These are clauses that help mitigate some of the seller's risk. 

There are pros and cons to a Home Sale Contingency for both the buyer as well as the seller. In later videos we discuss these pros/cons. 

Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | www.Boston2.com | Brokered by eXp Realty

https://www.boston2.com/blog/what-is-a-home-sale-contingency/