Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers
HomeLight
JULY 6, 2023
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? Considering that 78% of recent buyers financed their home purchase, this contingency is fairly standard. An offer has been accepted, and the sale is expected to close.
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