To win a bidding war, more buyers are waiving appraisal and inspection contingencies, according to the latest REALTORS® Confidence Index survey.
Here is the full list of contingencies buyers are removing:
Appraisal contingency (28%)
Inspection contingency (25%)
No contingency was waived (22%)
Financial contingency (11%)
Home sale contingency (9%)
Title contingency (2%)
Other (2%)
Would you waive your contingencies when submitting an offer on a home?
Source: Survey of more than 3,300 REALTORS®.
