# Contingency

> 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.

By David Knorr, founder of BuyWise Home. Last reviewed October 28, 2026. Web page: https://www.buywisehome.com/guide/glossary/contingency

## 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](https://www.buywisehome.com/guide/glossary/due-diligence-period) is the broadest one: you can walk away for any reason until it ends.

## Related

- [Step 5: Make an offer](https://www.buywisehome.com/guide/make-an-offer)
- [Due diligence period](https://www.buywisehome.com/guide/glossary/due-diligence-period): The days after signing when, in Georgia, you can walk away for any reason.
- [Appraisal gap](https://www.buywisehome.com/guide/glossary/appraisal-gap): When the appraisal comes in below your offer. You cover the difference or renegotiate.
- [Earnest money](https://www.buywisehome.com/guide/glossary/earnest-money): A good-faith deposit held in escrow and credited to you at closing.

_General 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._