Home Real Estate Boring Title: Navigating home purchase contingencies in a competitive real estate market...

Boring Title: Navigating home purchase contingencies in a competitive real estate market | ARLnow

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Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

What does a contingency period mean? This week, Kim and Hope Peele of The Peele Group at McEnearney Associates help explain contingency periods and how best to navigate them in a competitive real estate market.

Like any industry, real estate has a ton of lingo that isn’t common to most people. To me, it’s incredibly important that someone who is buying or selling a home has all of the information and resources that they need — before the stakes get high!

When I am working with both buyers and sellers, some of the most frequently asked questions are about contingency periods. These are lengths of time written into the
contract in which one of the parties…

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