Contingent vs. Pending: Real Estate Lingo Explained
RIS Media
MAY 19, 2021
Doing so could mean the forfeiture of their earnest money deposit. Lenders aren’t going to provide money for a property that the buyer’s offer has overvalued. This shows that the house has gone through the contingent stage, and the buyer is expected to close on the home. Appraisal Contingencies.
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