Contingency removal form 2025

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Contingency removal means the buyer becomes more committed as they risk losing their earnest money deposit if they want to back out after removing their contingencies. The sale has become more certain, and the transaction can proceed.
Contingent no show: Contingent no show means that the seller has accepted the offer and that the property is no longer available for viewing. Contingent continue to show (CCS): This means that the seller has accepted an offer but that the property is still available for viewing until the contingency is met.
You can still make an offer on a home if its listed as contingent or pending, but you should consider where the property is in the process to determine the likelihood of your offer being accepted.
Contingency removal occurs when you, as the buyer, initially include a contingency in your offer but then remove it before closing, often after certain conditions are met or reassessed. For instance, a loan contingency might be removed after securing mortgage approval.
Once all contingencies have been removed, the earnest money deposit technically becomes the sellers property. If the buyer later walks away from the home after contingency removal, they cannot be refunded the earnest money. This is an especially important negotiating tactic.