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What Does Contingent Mean in Real Estate Sales

Realty Biz

Let’s take a closer look at the meaning of contingent , so you can see how it might affect a home you are looking to buy. If you are selling a home, there are also some ramifications you should know about as well. How your real estate agent markets your property when an offer has been accepted can have vital implications.

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Can You Put an Offer on a House That’s Contingent?

RIS Media

If the house doesn’t get sold in the stipulated time, the sale can fail to materialize. The clause is referred to as a home sale contingency. . The title search reveals issues. Whenever you’re purchasing real estate, a title search is one of the standard boxes that must be checked.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? Barnes has completed 10% more deals than the average agent in his area. Common types of contingencies. Home sale contingencies.