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Counting Calendar Days for Contingencies Count \u201cdays 'after\u201d the contract start date (example: contract start date is 6/2/18, so day one is 6/3/18, day two is 6/4/18\u2026 day 17 is 6/19/18). Weekends and holidays are included in the counting.
The standard inspection time frame per the California contract is 17 days.
The contingent period usually lasts anywhere from 30 to 60 days. If you have a mortgage contingency, the buyer's due date is usually about a week before closing. Overall, a home stays in contingent status for the specified period or until the contingencies are met and the buyer closes on their new house.
The truth is, sellers don't have a legal obligation to respond to you. If they don't like your offer, they don't have to say anything. Some sellers don't want to be bothered, and in other cases, the seller received a better offer.
Can a seller cancel their agreement by refusing to close? The answer is no. The buyer can sue the seller if this happens.
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Rather, if the Seller fails to respond to the Purchaser's Home Inspection Contingency Removal Addendum with proposed repairs, then the Purchaser chooses to either take the house without any repairs or void the contract. The Seller can no longer automatically force cancellation of the contract.
How long do sellers have to respond. Unfortunately, there's no rule about how quickly a seller has to respond to your offer. However, most sellers will extend the common courtesy to a buyer and respond in writing within 24 to 72 hours (or three business days) from the receipt of the offer.
Removing the loan contingency means you agree to pay the purchase price for the property even if you don't have a home purchase loan. You should only remove the loan contingency in a purchase agreement if you're a cash buyer or are absolutely certain you will obtain financing. What is a contingency?
In California, the default contingency period is set for 17 days, although it can be shortened or waived to make an offer stand out in a multiple-offer scenario.
The contingency removal date is the date defined in the purchase offer specifying when the buyer will remove contingencies and commit to closing. If the buyer backs out of a deal after contingencies are removed, they can lose their deposit. In extreme cases, the seller might sue for additional damages.

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