Some of the most typical Contingent in Real Estate used in real estate transactions include financing, inspection, appraisal, and home sale contingencies. Financing contingencies protect the buyer in case the transaction goes sour and the buyer is not able to arrange for financing. Inspection contingencies protect the buyer if the property turns out to be defective. Appraisal contingencies ensure that the home’s value matches the agreed price. Home sale contingencies require that the buyer sells his/her current home before purchasing another one.