Here’s part one of my talk with Arielle Cecala on waiving contingencies.
In our hot market, a lot of buyers see waiving contingencies as a way to make their offer stand out against the competition. However, waiving contingencies also involves a lot of risks. In today’s video, I’ll share part one of my conversation with Arielle Cecala, an expert on contingencies. In this clip, we discuss waiving the home inspection contingency.
You can watch our full conversation in the video above or skip around using these timestamps:
0:00 - Introduction
1:28 - What is a home inspection contingency?
3:16 - What happens when the buyer waives the inspection?
4:04 - What is a Home Inspection for Informational Purposes Only Clause?
5:07 - What is an Aggregate Number of Repairs Needed Clause?
6:00 - Why Arielle chose an Aggregate Clause when she bought her home
7:28 - Wrapping up
If you have any questions about today’s topic or anything else related to real estate, please reach out to me. I am always available and willing to help.