What Buyers Need to Know About Making an Offer on Active Contingent Listings
HomeLight
JANUARY 13, 2022
These conditions are known as contingencies, which is where the term “active contingent” comes from. Many offers contain contingencies. In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. Inspection contingencies.
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