Charleston · Buying
Should I waive the mortgage contingency to win a bidding war?
Waiving the mortgage contingency to win a bidding war puts your earnest money at direct risk if financing falls through for any reason, since you'd be contractually bound to close regardless. A stronger earnest money deposit, a flexible closing date, or an escalation clause can often compete without giving up that protection. Brian Beatty looks for those other levers before touching a financing contingency on any offer.
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Ask Brian directly. No form, no obligation, and a real answer even when the answer is that now is not the time to sell.