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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 “Contingentstage, and how common is it for a property to hang in closing limbo? Buyers also can use the findings of an inspection to negotiate for repairs or credits. Buyers also can use the findings of an inspection to negotiate for repairs or credits.

MLS 93
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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Lightly update with new light fixtures , faucets, or cabinet hardware. Stage the home with final touches like fresh-cut flowers or a basket of fresh produce. When people see homes in person, they feel more connected emotionally,” says Gila. Refinish hardwood floors. Use rugs to define spaces and place them strategically.