Which scenario does not need to occur for a closing to happen?

The scenario where the buyer signs an amendment removing all contingencies is not a necessary prerequisite for a closing to occur. While it's common for buyers to want to remove contingencies to demonstrate commitment to the deal, such as waiving the inspection contingency or financing contingency, it is not mandatory for closing to take place.

Closings can still happen even if contingencies are in place; however, the buyer might be taking on more risk by proceeding without full assurances that all contingencies have been satisfactorily met. While it simplifies the process if all contingencies are removed, their existence does not prevent a closing from occurring if both parties agree to proceed.

In contrast, the other scenarios mentioned play a critical role in enabling a successful closing. The completion of property inspections is important for ensuring the buyer is aware of the condition of the property. Securing all necessary financing is crucial to ensure that the buyer has the funds available to complete the purchase. Lastly, paying the earnest money deposit is also a key step as it demonstrates the buyer's commitment to proceeding with the transaction. These factors are vital for a smooth closing process.