Inspections & Appraisals

Contingencies

A contingency is a condition that must be satisfied before a contract becomes legally binding. Buyers commonly attach these to home inspections or securing financing.

Before completing the purchase, the buyer works through a set of required steps:

• Securing financing and insurance
• Reviewing pertinent documents, including preliminary title reports and disclosures
• Inspecting the property, with the right to pursue additional detail through roof, termite/pest, chimney, boundary survey, well, septic, pool/spa, arborist, mold, lead paint, or HVAC inspections

How do you respond objectively and fairly to the buyer when a renegotiation is demanded, while acting in your best interests?

If a buyer comes back demanding renegotiation, how you respond matters. It's easy to react emotionally, especially when a property carries personal history. That's exactly the moment an objective, data-backed listing agent earns their keep. We've guided owners through this exact scenario across Utah, and we bring that same clear-eyed approach to every transaction, regardless of the circumstances.

Loan Approval and Appraisal

Accept buyers who come with a lender's pre-approval, approval letter, or written loan commitment. These carry far more weight than a pre-qualification or no documentation at all. Once under contract, expect an appraiser from the lender's side to confirm the sales price holds up against market value.