Contingency

In plain English

A condition in your contract that lets you walk away without losing your earnest money if something doesn't happen, like getting your loan approved or the home appraising at your price.

Why it matters to you

Every contingency you drop to make your offer stronger is protection you give up. In Georgia, the due diligence period is the broadest one: you can walk away for any reason until it ends.

infoGeneral information based on the standard Georgia REALTORS® purchase contract and public guidance. Your own contract decides: read it, and ask your agent or closing attorney about anything that matters. Not legal or financial advice.