Redfin

JUNE 11, 2025

In real estate, contingencies are conditions included in a purchase agreement that must be met for the transaction to move forward. This contingency protects buyers from being contractually obligated to purchase a home they can no longer afford to finance.

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HomeLight

JANUARY 5, 2022

Unlike taking your house off the market , withdrawing from a purchase contract can cost you big time. In this blog, we explain under what circumstances a seller may cancel a home purchase agreement. Why might a seller want to back out of a home sale? But are you stuck? Not necessarily. Change in circumstances.

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HomeLight

JULY 6, 2023

In the meantime, with a “Contingent” status, the seller is typically allowed to continue showing the home and accept backup offers in the event something goes awry. So what are the contract stipulations that put a listing into that “Contingent” stage, and how common is it for a property to hang in closing limbo?

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HomeLight

JUNE 28, 2022

In this article, we explain the roles agents play in your home sale or purchase, their required level of experience, and the services they provide in your home sale or purchase. The buyer’s agent helps a buyer locate and purchase a home, negotiating the best deal for their client. Don’t break the law. Find Agent.

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RIS Media

MAY 19, 2021

” What do they mean and how will they affect your home sale? Despite this, there can still be room to negotiate the conditions of the sale. The contingent label in a listing indicates that the seller has accepted the offer; however, certain things need to happen before things can move on. Contingent Meaning.

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Marco Santarelli

APRIL 15, 2023

When a buyer submits an offer to purchase a property, and the seller accepts that offer, the property is considered “under contract.” While there is still a chance that a property with a pending status can return to the market due to an inspection, appraisal, or financing issue, the chances are lower at this stage.

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The Close

APRIL 26, 2022

Our persistence and strategy led to more than $1 billion in sales in 2021 and we’re on track to hit our goal of closing a thousand buyers in 2022. The goal is to make their seller client an unbeatable offer even before they’ve signed a listing agreement. Steve, Inside Sales Associate, The Reynolds Team Virginia.

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