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What are the standard contingencies?
Source: HomeGain -
October 21, 2003
Most purchase offers include two standard contingencies: a financing contingency, which makes the sale dependent on the buyers' ability to obtain a loan commitment from a lender, and an inspection contingency, which allows buyers to have professionals inspect the property to their satisfaction...
http://list.realestate.yahoo.com/re/selling/disclosure/what_are_the_standard_contingencies_/
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