Turn a stalled listing into a closing
Contingency Lift
A Florida listing had sat for 78 days when an offer finally came in $10,000 under asking, but with a home sale contingency that risked restarting the clock. A Flyhomes Contingency Lift removed that contingency, closing the deal instead of sending it back to market.
• Borrower: Secured the home without selling first, with the contingency cost covered by seller credits
• Loan officer: Kept a deal alive that could have collapsed under a contingency on a stale listing
• Agent: Avoided restarting a 78-day clock, closing at $470,000 instead of returning to market
State:
Florida
New Home:
$480,000
Current Home Value:
$470,000
Financial Produce Used:
Contingency Lift™️
Challenge
A $480,000 listing had been sitting for 78 days when a single offer came in at $470,000 — $10,000 under asking — and carrying a home sale contingency, putting the seller at risk of restarting the clock entirely.
Solution
The listing agent countered with a Contingency Lift. $2,500 in seller credits removed the contingency, and the deal closed instead of going back to market.
For borrowers
- Secured the home without needing to sell first, removing the contingency that could have cost them the deal
- Closed with minimal out-of-pocket impact, with the cost covered through seller credits
For loan officers
- Kept a deal alive that could have collapsed under the weight of a contingency on a stale listing
- Provided a fast, low-friction solution that closed the gap between a risky offer and a clean close
For agents
- Avoided restarting a 78-day clock by turning a contingent offer into a closeable deal
- Protected the seller's position by closing at $470,000 rather than returning to a market that had already been slow to respond
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.
