Five important takeaway from this article: Real estate contingencies allow home buyers to back out of a deal. Common contingencies include inspection, appraisal, and financing. As a home buyer, you can choose whether or not you want to use them. Some buyers waive the inspection, appraisal or financing contingency. Losing your deposit is the main … Continue reading Risks of Waiving an Appraisal, Inspection or Mortgage Contingency