Source: Realtor —
This is not an easy time for homebuyers. Simply put, housing inventory is at historic lows and home prices are at historic highs, resulting in one of the most competitive times to buy a house ever.
This red-hot market has prompted many buyers to go to ever-crazier lengths in their bid to land their dream home. One of their strategies? Waiving contingencies. It’s a tactic thought to make you stand out among other buyers and entice sellers with the promise of a speedy sale, but it’s also a risky move.
While certain contingencies should never be removed, there are some you can and should consider waiving in order to land a home. But before you do so, consult with a professional.
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