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What Does Contingent Mean Realtor. Contingencies are conditions that either the buyer or seller or both must meet for the sale to go through. It simply means that the property is under contract with a buyer. If not the buyer can back out of the sale generally also getting their deposit back. What Does Contingency Mean in a Real Estate Listing.
What Does Contingent Status Mean In Real Estate In 2021 Real Estate Education Real Estate Tips Real Estate Advice From pinterest.com
For a sale to be classified as pending certain criteria must be fulfilled. What does Contingent mean. Contingent contracts are under contract but not sold. Basically what the word contingent or a contingency means is that there is a condition that is. The contract could still be in the Due Diligence process or. If not the buyer can back out of the sale generally also getting their deposit back.
When you see Pending on a listing online it means the same as Contingent in the Asheville market.
For those looking at real estate the word contingency may give you pause. Basically what the word contingent or a contingency means is that there is a condition that is. While the buyer is working to settle those contingencies other buyers can continue to view the property and submit offers. When a home sale is listed as contingent it means that the seller has accepted an offer with contingencies. If they dont happen within a set period of time the deal is off. What Does Contingent Mean in Real Estate.
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Most transactions will have some sort of contingency. For a realtor it refers to the condition of the Agreement of Sale which needs to occur to ensure the transaction keeps moving forward. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. The contract could still be in the Due Diligence process or. For those looking at real estate the word contingency may give you pause.
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This means that certain clauses have to be completed by perhaps both buyer and the. Without further ado lets jump in. What does Contingent mean. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. Lets explore what this term means and how it can make or.
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The contract could still be in the Due Diligence process or. If a homes status is active contingent it means that the buyer has submitted an offer to the seller with contingencies or issues that must be resolved before the sale of the property can be. However the most common perception of. What does Pending Sale Mean. Contingencies are conditions that either the buyer or seller or both must meet for the sale to go through.
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Lets explore what this term means and how it can make or. For a realtor it refers to the condition of the Agreement of Sale which needs to occur to ensure the transaction keeps moving forward. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. The contingent status means that while the offer has been accepted the sale isnt final and is still an active listing. Most of these are to protect the buyer and seller.
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It simply means that the property is under contract with a buyer. The contract could still be in the Due Diligence process or. However the most common perception of. Most of these are to protect the buyer and seller. So what does it mean when a property is contingent in real estate.
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A contingent offer means that an offer on a new home has been made and the seller has accepted it but that the final sale is contingent. This means that certain clauses have to be completed by perhaps both buyer and the. When a home sale is listed as contingent it means that the seller has accepted an offer with contingencies. While the buyer is working to settle those contingencies other buyers can continue to view the property and submit offers. The contingent status means that while the offer has been accepted the sale isnt final and is still an active listing.
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Is contingency one of those terms that leave you scratching your head. Most of these are to protect the buyer and seller. These are clauses in a contract that the buyer or seller must do in order to close the transaction. Is contingency one of those terms that leave you scratching your head. So the short answer is that it means that the property is already under contract to be sold to someone else.
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What is a contingent offer in real estate. Basically what the word contingent or a contingency means is that there is a condition that is. When a property is marked as contingent an offer has been accepted by the seller. What does Contingent mean. Contingent contracts are under contract but not sold.
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What is a contingent offer in real estate. What Does Contingent Mean in Real Estate. If a homes status is active contingent it means that the buyer has submitted an offer to the seller with contingencies or issues that must be resolved before the sale of the property can be. For those looking at real estate the word contingency may give you pause. Contingent contracts are under contract but not sold.
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The contingent house means that there has been an offer made and it has been accepted by the seller but something needs to happen before the final sale occurs. Most of these are to protect the buyer and seller. The contingent status means that while the offer has been accepted the sale isnt final and is still an active listing. What Does Contingent Mean in Real Estate. What Does Contingency Mean in Real Estate Listings.
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What Does Contingent Mean In Real EstateRealEstate RealEstateMarket HousingMarketIn this video Huntington Beach Realtor Jeb Smith talks about Contingen. The contingent status means that while the offer has been accepted the sale isnt final and is still an active listing. When a property is marked as contingent an offer has been accepted by the seller. The contingent house means that there has been an offer made and it has been accepted by the seller but something needs to happen before the final sale occurs. If a homes status is active contingent it means that the buyer has submitted an offer to the seller with contingencies or issues that must be resolved before the sale of the property can be.
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Without further ado lets jump in. If all goes well contingent deals will advance to a pending state. When a home sale is listed as contingent it means that the seller has accepted an offer with contingencies. Is contingency one of those terms that leave you scratching your head. It simply means that the property is under contract with a buyer.
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Basically what the word contingent or a contingency means is that there is a condition that is. What Does Contingency Mean in a Real Estate Listing. Contingencies are conditions that either the buyer or seller or both must meet for the sale to go through. Two common ones would be inspections and financing. There are some national sites that may list a home as contingent when the status her Louisville is actually ACTIVE UNDER CONTRACT.
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For a realtor it refers to the condition of the Agreement of Sale which needs to occur to ensure the transaction keeps moving forward. What Does Contingent Mean in Real Estate. When does the status change from contingent to pending. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. So what does it mean when a property is contingent in real estate.
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Without further ado lets jump in. If a homes status is active contingent it means that the buyer has submitted an offer to the seller with contingencies or issues that must be resolved before the sale of the property can be. The contingent status means that while the offer has been accepted the sale isnt final and is still an active listing. Lets explore what this term means and how it can make or. When does the status change from contingent to pending.
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When a property is marked as contingent it means that the buyer has made an offer and the seller has accepted that offer but the deal is conditional upon one or more things happening and the closing wont take place until those things happen. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. This means that certain clauses have to be completed by perhaps both buyer and the. So what does it mean when a property is contingent in real estate. What does contingent mean for a realtor.
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There can be a discrepancy in listings across so many different real estate sites. For those looking at real estate the word contingency may give you pause. Contingent or pending status means that the homes owner has accepted an offer from a prospective buyer and that the offer comes with contingencies. However the most common perception of. Two common ones would be inspections and financing.
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While the buyer is working to settle those contingencies other buyers can continue to view the property and submit offers. Contingencies are conditions that either the buyer or seller or both must meet for the sale to go through. What Does Contingent Mean In Real EstateRealEstate RealEstateMarket HousingMarketIn this video Huntington Beach Realtor Jeb Smith talks about Contingen. For a sale to be classified as pending certain criteria must be fulfilled. What does contingent mean for a realtor.
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