Remove home sale contingency in 12 hours
Contingency Lift
A Texas seller had the strongest offer on the table, but it came with a home sale contingency that made it risky to accept. A Flyhomes Contingency Lift removed that contingency in 12 hours, closing at full price and netting the seller $32,500 more.
• Seller: Netted $32,500 more by keeping the strongest offer alive instead of the lower bid
• Loan officer: Saved a deal at risk of being passed over due to a contingency
• Agent: Resolved the contingency risk in 12 hours without restarting negotiations
State:
Texas
New Home:
$725,000
Current Home Value:
$725,000
Financial Produce Used:
Contingency Lift™️
Challenge
A listing agent had three offers on a $725,000 home. The strongest — a relocating family at full asking price — came with a home sale contingency, making it a risk to accept over a clean but $35,000 lower offer.
Solution
The listing agent countered with a Contingency Lift, offering $2,500 in seller credits. The contingency was removed within 12 hours, the deal closed at full asking, and the seller netted $32,500 more than the next best offer.
For sellers
- Kept their full-price offer competitive by removing the contingency that would have cost them the home
- Relocated on their timeline without having to sell first or lose the house to a cleaner offer
For loan officers
- Saved a deal that was at risk of being passed over due to a contingency
- Delivered a solution that got the strongest offer accepted without requiring the buyer to sell first
For agents
- Maximized the seller's net by $32,500 by keeping the strongest offer alive instead of defaulting to the clean but lower bid
- Resolved a contingency risk in 12 hours without restarting negotiations or losing momentum on the listing
FAQ's
What if the buyer's old home doesn't sell within 180 days?
Flyhomes will buy it at the contract price and resell it. The buyer keeps any net profits* from the resale, and by default the original listing agent handles it — so the listing stays with you.†
Who pays for Contingency Lift?
Any party can cover it: buyer, seller, or buyer's agent. The most common path is a seller credit at closing, where the listing agent counters with an increased closing cost contribution (typically starting at $2,500). No out-of-pocket cash from the seller, and the negotiated price stays intact. We'll provide suggested contract language and cost guidance.
Is Contingency Lift available in all 50 states?
The Guaranteed Backup Contract is available in all 50 states with approval in as little as 12 hours. When Instant Equity is the right fit, availability varies by state. Your Flyhomes AE can confirm coverage.
Can I buy a new home with a contingent offer and still win in today’s market?
It depends on market conditions. Contingent offers may work in slower markets or with motivated sellers. In competitive markets, sellers often prefer non-contingent offers. That’s why programs like buy-before-you-sell solutions or bridge financing can help give you an edge.
