Competitive home buyers waive contingencies to score homes in tight market

The couple expanded their geographical boundaries and lowered their price range from $700,000 to $600,000 and under so they would have more room in their budget to pay above the asking price, Nugent says. Their offer on a townhouse in the Arts District of Hyattsville, Md., which they made with home inspection, financing and appraisal contingencies, was accepted.

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