Answered

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Buyer Darren waived the financing contingency in his offer. What does this likely mean?

A. Darren doesn't want to disclose his financial plans for purchasing the property.
B. Darren has another house to sell before he can buy this one.
C. Darren intends to waive the inspection and appraisal contingencies as well.
D. Darren isn't relying on financing to complete the purchase.

Sagot :

GinnyAnsweridn

Final answer:

Buyer Darren waived the financing contingency, indicating he has the funds to purchase without a mortgage.


Explanation:

Buyer Darren waived the financing contingency in his offer, likely indicating that he isn't relying on financing to complete the purchase. By waiving this contingency, Darren is showing that he has the funds available to purchase the property without needing a mortgage.

This action can make his offer more attractive to the seller, as it reduces the risk of the deal falling through due to financing issues. It demonstrates Darren's financial readiness to proceed with the purchase.


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