Why should I pay attention to a financing contingency's deadline?
Staff Q&A from the 63Hours team.
Course Q&A
Ask clear questions about the Florida real estate course and learn from course-specific answers.
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A contingency is not simply an unlimited chance to change your mind. Its wording sets the condition, required actions, deadlines, and consequences. In a course example, financing approval may need to occur or be addressed by a stated date. Identify those steps separately from the overall closing date and avoid assuming every contract handles them alike.
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Discussion prompt: What notice or action does the stated contingency require?