Key Contingencies in Loan Process

Buying a home? Let's talk contingencies. Contingencies are like safety nets in your agreement, helping you protect your investment while you move through the loan process.

Here are 4 Key Contingencies you should know:

1) Inspection: Make sure the home's condition checks out.

2) Appraisal: Confirms the home's value matches the price.

3) Financing: Gives you time to secure your mortgage approval.

4) Home Sale: Helps if you need to sell your current home first.

It's all about making the process smoother and giving you peace of mind! Have questions? Reach out to our team, including our in-house mortgage professional, Bob Flynn, to learn more!