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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

Not all sales will have contingencies with them, but most will. Common real estate contingencies include the following: Inspection Contingencies. The most common contingency is the home inspection contingency. Financing or Mortgage Contingencies. Home Sale Contingencies.

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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

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? Here are 5 common contingencies in real estate contracts: Inspection contingency A buyer and their lender understandably want a home inspection to make sure they’re not investing in a lemon.

MLS 90
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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. See the next step!).