Contracts
A buyer who is still searching for a home may have their buyer's agent submit an 'offer subject to the buyer's current home selling.' This type of condition is called a:
AFinancing contingency
BHome sale contingency✓ Correct
CDue diligence contingency
DAppraisal contingency
Explanation
A home sale contingency makes the purchase contract contingent on the buyer selling their current home by a specified date. This is common but less attractive to sellers in competitive markets because it introduces uncertainty about the buyer's ability to close.
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