What contingencies should a Grand Rapids buyer include in their purchase offer?
Standard Michigan buyer contingencies include financing, inspection, appraisal, and title; condo, rural, and pre-1978 properties add specialized clauses.
A standard Grand Rapids purchase offer typically includes four core contingencies: financing, inspection, appraisal, and title. Each one protects the buyer's earnest money deposit if a specific condition is not met by the deadline written into the contract. Layered contingencies — sale-of-current-home, HOA-document review, well and septic, radon, lead-based paint, and insurance availability — apply depending on the property type and the buyer's situation. Choosing which contingencies to include is a strategic decision in 2026 Grand Rapids: a stronger contingency package protects the buyer but can weaken a competitive offer. Holden Richardson of 616 Realty walks every buyer through which contingencies are non-negotiable for their deal and which can be tightened or restructured to win in multiple-offer situations.
Common Questions
What You Need to Know
Related Topics