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10 Things to Know About the ‘Sale Pending’ Phase, aka House Closing Limbo

HomeLight

Not only will you need to be packing, cleaning, and getting the house ready for your buyer, there’s also a lot of waiting and hoping that all of the moving pieces fall into place and your home sale closes on time, if you make it to closing at all. Line up backup offers to hedge your risk.

Closing 104
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What Does Contingent Mean in Real Estate Sales

Realty Biz

When a home sale is listed as contingent, it means that the seller has accepted an offer with contingencies. This means that certain clauses have to be completed, by perhaps both buyer and the seller, for the sale to close. One of the standard contingencies in nearly all real estate contracts is delivering a clear title.