Knowing there was at least one other offer, we came in all cash, with a short inspection contingency period to get the winning bid! (redfin.com)
Such delays are common, and setting up a longer contingency period may help prevent the seller from backing out of a sales contract. (valuepenguin.com)
Buyers who are canceling the transaction generally have some sort of contingency period in the contract that gives the buyer the legal right to cancel the contract. (thebalance.com)