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Overview / Inspection Contingency

Submit Contract Offer
Other Possible Contingency Items:
Eval./Neg./Revisions - Appraisal Contingency
- Financing Contingency
Offer Accepted Escrow
- House Sale Contingency Closed
Earnest $ (Deposit)
Title Search Loan Doc.s Amendments Funding Recorder
Escrow Account:
Appraisal Signatures/Notary Verify Pkg Disbursements

Inspection Contingency (End Date Specified in Contract)

(Due Diligence) Period:

Home Inspection / Rpt.

Decision Options:
Additional Inspections • Buyer release Inspection Contingency
(Optional)
• Repairs / Credits : Contract Amendment
Request for Repairs
(Optional) • Contingency Extension Agreement & Amendment
Negotiations (Optional)
• Withdraw Offer (Deposit return Request)

Buyer Commitment
Decision (If Buyer does not release Inspection contingency before end date,
or take one of the above actions, earnest money / deposit may be at risk.)
(1-2 Days)

(Seller files “Request to Perform”, possible Breach of Contract / Termination)

• Withdrawal after this point: may lose deposit, other liabilities

Final Walk Thru &
Acceptance

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