What is a Contingent Home Sale, and How Does It Impact Buyers and Sellers?

What is a contingent home sale, and how does it impact buyers and sellers?

A contingent home sale happens when a buyer needs to sell their current home before purchasing a new one. This is becoming more common in today's market, but it comes with both risks and rewards.

For sellers, it can mean keeping their home under contract with a motivated buyer, but it also introduces uncertainty if the buyer’s home doesn’t sell. For buyers, it’s a way to secure a home without carrying two mortgages, but it requires careful planning to make their offer competitive.

In this video, I break down:
✅ How contingent sales work
✅ Pros & cons for buyers and sellers
✅ Strategies to strengthen contingent offers
✅ Tips for sellers to protect themselves

📽️ Watch the full video here: This Just Sold in Waterston… But There’s a HUGE Catch! | Gilbert, AZ Real Estate Update

Thinking of buying or selling and navigating contingencies? Let’s chat! Drop a comment or DM me. 📩