Contingent vs. Pending: Real Estate Lingo Explained
RIS Media
MAY 19, 2021
Buyers need to keep track of their mortgage contingency to make sure it doesn’t lapse. Doing so could mean the forfeiture of their earnest money deposit. Appraisal Contingencies. Lenders aren’t going to provide money for a property that the buyer’s offer has overvalued. Pending Meaning.
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