Think of a contingency as an escape hatch. Because contingencies provide a way out of buying a home, they decrease certainty for the seller. Their home isn’t quite sold when they accept a contingent offer … so sellers really don’t love contingencies.
When you buy a home, one of the documents in your closing package is the deed of trust, which gives your lender an interest in your property. Because this information is now public and available to a variety of home servicing companies, it’s highly likely that you’ll start receiving print mail featuring product ads, service deals, and maintenance programs.