⚠️ 2026 Revised Financing Contingencies

PART 1 of 2: Appraisal Contingency

There are big changes to Oregon’s residential financing contingencies in 2026! 📑🏡

As of January 2026, Oregon’s standard residential real estate contracts split the financing contingency into two separate protections: the loan contingency and the appraisal contingency. This is a big shift. The old financing contingency stayed in place all the way through closing, but now buyers have specific deadlines that typically expire before the sale is complete. ⏳

Today I’m breaking down the appraisal contingency. Part 2 will cover the loan contingency. 🔍

So what’s new? The appraisal contingency gives buyers a set number of days—usually 20 business days after offer acceptance—to get the property appraised and complete any negotiations with the seller about the appraisal results. 🏠📊

If the buyer can’t meet these obligations by the deadline, they have three options: renegotiate with the seller, waive the contingency and move forward anyway, or terminate the sale. 🤝

This is a critical timeline shift for buyers to understand. ⚠️

Click HERE for my Video on What You Need To Know