Should You Waive Your Contingencies?
Have you heard someone say that you should waive your contingencies to make your offer more appealing? The California Residential Purchase Agreement (RPA) typically includes several contingencies that protect the interests of both buyers and sellers. Here are some of the most common contingencies found in the California RPA:
These contingencies can be negotiated and modified during the real estate transaction, depending on the specific needs and interests of the buyer and seller. It is important to work with a real estate agent who can help you understand and navigate the contingencies in the California RPA to see if there are any you feel comfortable waiving.