When the demand is higher than the supply, competition is intense in the real estate market. As a buyer, it’s tempting to do everything you can to make your offer the most attractive to the seller. But how much is too much?
When it comes to the Financing Contingency, which protects you as a buyer and gives you the option to walk away from a deal with your earnest money, you want to strongly consider whether or not it’s worth the risk to waive. Discussing the details with your real estate broker will help you put together the competitive offer you need to win the home.