Contingent vs. Pending: Real Estate Lingo Explained
RIS Media
MAY 19, 2021
To ensure that they aren’t lending more than the home is really worth, they will use a home appraiser to find the fair market value. If the home has a clear title, there won’t be any debts or liens on the property, and there shouldn’t be any possible disputes over ownership later on. Pending Meaning.
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