What Is a Contingent Offer? What It Means When Buying a Home - realtor.com
Oct 23, 2024 · A contingent offer means that an offer on a new home has been made and the seller has accepted it, but that the final sale is contingent upon certain criteria that have to be met.
What Does ‘Contingency’ Mean in a Real Estate Listing? - realtor.com
“A contingency in a deal means there’s something the buyer has to do for the process to go forward, whether that’s getting approved for a loan or selling a property they own,” explains Jimmy...
Contingent vs. Pending and What It Means for Buyers
Aug 13, 2024 · A contingent property is under contract, but certain conditions, known as contingencies, must be met before the home can be sold. A pending property is one that has an accepted offer, and all...
Contingent vs Pending: What's the Difference? - Zillow
Aug 21, 2024 · The primary difference between a contingent versus pending status on a real estate listing is that a contingency indicates the sale is conditional upon certain factors, while pending indicates all contingencies have been met, and the sale is moving towards closing.
What Does Active Contingent Mean? A Home Sale With Conditions - realtor.com
Apr 23, 2022 · If a home’s status is “active contingent,” it means that the buyer has submitted an offer to the seller with contingencies, or issues that must be resolved before the sale of the property can...
Contingent vs. Pending vs. Under Contract (Real Estate)
Sep 4, 2020 · So when you see the term ‘Contingent’ on a website like Realtor.com, it simply means that the real estate listing is under contract with a buyer. What does Pending Sale Mean? When you see Pending on a listing online, it means the …
What Does Contingent Mean in Real Estate - Maximum Real …
Oct 20, 2023 · The contingent definition is that the seller has accepted a real estate contract with contingencies. Certain contingencies must be met for the purchase agreement to be satisfied. A contingent offer is widespread in most sales. However, buyers often leave out common contingencies to sweeten their proposal in a hot real estate market.
What Does Contingent Mean in Realtor Listings?
For real estate, contingency means that an offer was made and accepted by the seller, but something needs to happen before the final sale pending status occurs.
What does "contingent" mean in a real estate listing?
'Contingent' in a real estate listing signifies that a property has an accepted offer, but the sale is contingent on certain conditions being met. It's a critical stage in the buying and selling process and requires careful consideration from both parties involved.
What Does Contingent Mean in Real Estate? - MSN
The word “contingent” means subject to change, but in real estate, there’s a little more to it. “Contingent is a legal framework in real estate contracts,” says Christa Kenin, a Douglas ...
- Some results have been removed