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What Does Contingent Sale Mean. 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. Land Clause- What Does Contingent Mean. However the offer may be contingent on the buyer selling their current home first or contingent on them getting a home loan below a specified interest rate. It betrays its name though as it can be a lengthy process.
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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. 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 upon certain criteria that. If the buyer is unable to meet the contingencies then they can back out of the agreement with their earnest money in hand. This is a word that homebuyers and real estate professionals alike should know and understand. Basically what the word contingent or a contingency means is that there is a condition that is. Short Sale Contingent A short sale is the sale of property where the lender is willing to accept less than the amount still owed on the mortgage.
In North Carolina a Contingent listing is simply a listing that is under contract with a buyer.
Contingent contracts are under contract but not sold. Contingent or pending status means that the homes owner has accepted an offer from a prospective buyer and that the offer comes with contingencies. Contingent contracts are under contract but not sold. What does a pending status mean. 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. On the flip side you may see a property listed as pending instead.
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Contingent contracts are under contract but not sold. What Does Contingent Mean. However the sale will not be completed unless the buyer or seller meets certain criteria. Basically what the word contingent or a contingency means is that there is a condition that is. Contingent means the seller of the home has accepted an offerone that comes with contingencies or a condition that must be met for the sale to go through.
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What does contingent mean in real estate. If a property has an active contingent status it means the seller has accepted an offer from a buyer. A contingency in a deal means theres something the buyer has to do for the process to go forward whether thats getting approved for a loan. Contingent means the same thing in real estate that it does in other areas. What Does Contingent Mean 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 upon certain criteria that. In real estate contingent is a status indicating that the seller has accepted a buyers offer that includes contingencies or in laymans terms specific requirements that must be met for the sale to close. First lets define what contingent means in terms of a home thats on the market and its availability for purchase. What Does Contingent Mean. In a real estate deal contingent means that a sale will only go through if certain conditions are met.
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In North Carolina a Contingent listing is simply a listing that is under contract with a buyer. For a realtor it refers to the condition of the Agreement of Sale which needs to occur to ensure the transaction keeps moving forward. This is a word that homebuyers and real estate professionals alike should know and understand. Contingencies are defined as conditions that either the buyer or seller or possibly both should fulfill for the deal to close. What does contingent mean in real estate.
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Contingencies are defined as conditions that either the buyer or seller or possibly both should fulfill for the deal to close. In a real estate deal contingent means that a sale will only go through if certain conditions are met. If the buyer is unable to meet the contingencies then they can back out of the agreement with their earnest money in hand. The most complicated contingencies are home sale clauses. This is a word that homebuyers and real estate professionals alike should know and understand.
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However the sale will not be completed unless the buyer or seller meets certain criteria. What Does Contingent Mean In Real Estate. For example a buyer might place an offer on a home. First lets define what contingent means in terms of a home thats on the market and its availability for purchase. A contingency in a deal means theres something the buyer has to do for the process to go forward whether thats getting approved for a loan.
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Contingent or pending status means that the homes owner has accepted an offer from a prospective buyer and that the offer comes with contingencies. What does a pending status mean. In North Carolina a Contingent listing is simply a listing that is under contract with a buyer. Land Clause- What Does Contingent Mean. In real estate contingent is a status indicating that the seller has accepted a buyers offer that includes contingencies or in laymans terms specific requirements that must be met for the sale to close.
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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 upon certain criteria that. The most complicated contingencies are home sale clauses. Contingent means the same thing in real estate that it does in other areas. Contingent contracts are under contract but not sold. For example a buyer might place an offer on a home.
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However the sale will not be completed unless the buyer or seller meets certain criteria. What does contingent mean in real estate. Most of these are to protect the buyer and seller. A contingent house listing means that an offer on a new home has been made and the seller has accepted it but before the final sale can advance some criteria needs to be met. The most complicated contingencies are home sale clauses.
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It means that someone has made an offer on a home and the seller has accepted the offer. It betrays its name though as it can be a lengthy process. Contingent means the seller of the home has accepted an offerone that comes with contingencies or a condition that must be met for the sale to go through. This is a word that homebuyers and real estate professionals alike should know and understand. In real estate contingent is a status indicating that the seller has accepted a buyers offer that includes contingencies or in laymans terms specific requirements that must be met for the sale to close.
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However the sale will not be completed unless the buyer or seller meets certain criteria. 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 upon certain criteria that. In North Carolina a Contingent listing is simply a listing that is under contract with a buyer. A contingent house listing means that an offer on a new home has been made and the seller has accepted it but before the final sale can advance some criteria needs to be met. If all goes well contingent deals will advance to a pending state.
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However the sale will not be completed unless the buyer or seller meets certain criteria. Contingencies are conditions that either the buyer or seller or both must meet for the sale to go through. What does a pending status mean. On the flip side you may see a property listed as pending instead. The seller has accepted an offer from a buyer but there are conditions that either the buyer or the seller has put down as requirements for the final sale to be approved.
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It means that someone has made an offer on a home and the seller has accepted the offer. What does contingent mean in real estate. What does contingent mean for a realtor. What Does Contingent Mean. Contingent means the seller of the home has accepted an offerone that comes with contingencies or a condition that must be met for the sale to go through.
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What does contingent mean in real estate. However in the past a contingent contract referred to a situation where the buyer still needed to sell another house in order to close on the home they are buying. Contingent means the same thing in real estate that it does in other areas. However the home sale isnt finalized yet because certain contingencies need to be met. In a real estate deal contingent means that a sale will only go through if certain conditions are met.
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Short Sale Contingent A short sale is the sale of property where the lender is willing to accept less than the amount still owed on the mortgage. However the offer may be contingent on the buyer selling their current home first or contingent on them getting a home loan below a specified interest rate. However the home sale isnt finalized yet because certain contingencies need to be met. For example a buyer might place an offer on a home. Basically what the word contingent or a contingency means is that there is a condition that is.
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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 means the seller of the home has accepted an offerone that comes with contingencies or a condition that must be met for the sale to go through. A contingency in a deal means theres something the buyer has to do for the process to go forward whether thats getting approved for a loan. What Does Contingent Mean In Real Estate. These contingencies are clauses in the sales contract which.
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What Does Contingent Mean In Real Estate. First lets define what contingent means in terms of a home thats on the market and its availability for purchase. It means that someone has made an offer on a home and the seller has accepted the offer. If a property has an active contingent status it means the seller has accepted an offer from a buyer. However the sale will not be completed unless the buyer or seller meets certain criteria.
Source: pinterest.com
A contingent house listing means that an offer on a new home has been made and the seller has accepted it but before the final sale can advance some criteria needs to be met. What does contingent mean in real estate. This is a word that homebuyers and real estate professionals alike should know and understand. For example a buyer might place an offer on a home. Basically what the word contingent or a contingency means is that there is a condition that is.
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