As-is Backup offer Inspection contingency 
Redfin
JUNE 11, 2025
For instance, when buying in areas prone to wildfires, like Los Angeles , including a home insurance contingency can be a smart move to ensure the property is insurable. This Redfin article explains how contingencies work, which ones to expect, and how they help you avoid costly setbacks during the homebuying process.
Redfin
JULY 16, 2025
Key takeaway: Once a home is under contract, the seller is legally bound to the agreement and cannot accept another offer – unless specific clauses or contingencies allow it. When a house goes “ under contract ,” most buyers assume the deal is sealed – but can a seller accept another offer while under contract? Generally, no.
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First Team Real Estate
AUGUST 8, 2021
of offers faced bidding wars. The best offer is accepted, and the deal moves forward. The only way around re-listing is to accept backup offers, so during the planning phase of your home sale, talk to your listing agent about the pros and cons of backup offers. What is a backup offer?
Point2Homes
DECEMBER 8, 2020
When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer. How is Contingent Different from Pending? Kick-Out Clause.
HomeLight
JANUARY 13, 2022
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? In this guide, we’ll take the term “active contingent listing” and break down what it means. What does active contingent mean?
HomeLight
JUNE 9, 2023
But as your eyes scan the details of the listing, you come across a term that makes you pause: “Contingent.” ” So, what does contingent mean in real estate? A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet.
HomeLight
JULY 6, 2023
Let’s sort through how potential buyers and their agents view statuses such as “real estate pending” vs. “contingent,” so you can present your home accurately and still meet your selling goals. Learn More Contingent or pending, you’re under contract! Enter the difference between “contingent” and “pending.”
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