The charts below show the standard contingency periods for both buyer and seller based on the default language of the CAR (California 
Association of Realtors) Residential Purchase Agreement (RPA) which most people refer to as the offer or purchase contract. The below is what is the default timeframes in the offer but all of these terms and timeframes are negotiable and in the current “seller’s market” many of these items will be either reduced or even eliminated if the seller has multiple offers. Contact realtor and Three Sixty specialist Keith Kyle with questions about the process.
Contingency Timeline for Buyer
| Contract Item | Default Timeline | Notes |
| Initial deposit | Delivered to escrow company within 3 business days after acceptance. | Usually wire transferred |
| Verification of down payment and closing cost | Completed within 3 calendar days after acceptance. | Standard to have this included with offer |
| Loan application | Completed within 3 calendar days after acceptance. | Standard to include preapproval with offer |
| All buyer investigations | Completed within 17 calendar days after acceptance. | This includes physical inspections, HOA, neighborhood, etc. |
| Appraisal contingency removal | Completed within 17 calendar days after acceptance. | |
| Loan contingency | Completed within 21 calendar days after acceptance. | The goal by this date is to have formal loan/underwriter approval |
Contingency Timeline for Seller
| Contract Item | Default Timeline | Notes |
| Disclosure of HOA | Completed within 7 calendar days after acceptance. | Most, but not all, of the time it will be fairly obvious that the home is in an HOA or planned unit development |
| Request HOA docs | Completed within 3 calendar days after acceptance. | HOA documents can take a while so seller or escrow needs to order early in the process |
| Deliver all reports and disclosures to the buyer | Completed within 7 calendar days after acceptance. | Most actual reports will be ordered by escrow or agent, but seller to provide seller disclosures within 7 days of acceptance |
case an upcoming listing. 13126 Union Avenue Unit#202 is a 2nd floor single level condo that’s due to hit the market in late April. 6 months ago we would have said the list price of $925,000 seemed high for a 2nd floor unit but given the abundance of recent record breaking sales that’s no longer the case and we anticipate this selling very quickly. Having said that we have not seen the interior or the view so stay tuned and check back. 
more outdoor areas than the condos on the other levels. 12920 Central #104 is priced very aggressively considering the last few sales of smaller units on lower floors has reached or exceeded the $1.0M mark. This floorplan offers a very nice open concept layout with kitchen and the spacious island overloooking the entire living and dining areas. While there is no direct garage access all of the condos in the Flats have private, locakable garages on the ground level which is extremely unique or multi level condo buildings in the South Bay.
The E layout is a fairly popular floorplan as most spaces and rooms are fairly large and the living room offers high ceilings giving it wonderful natural light.
plantation style home located at 2306 Robinson in north Redondo Beach. The house was built in 2018 and felt almost better than new as the owners had done several upgrades and updates.