MORE: How a mortgage nerd bought a house in a seller’s market Sellers are bound once the sale is pending Once all contingencies are settled (or if there are no contingencies in the first place), the home sale is pending. The seller can't back out of the sale, unless the buyer fails...
it is not uncommon that buyers may want to make offers that are contingent on the outcomes of these two important steps. Bothhome inspection and appraisal contingenciesallow buyers to back out of home sales if something is critically wrong with a house or if the appraised...
If you’re searching for a new home online, you may see listings labeled “contingent” and/or “pending” in addition to the standard “active” and “sold” listings. If the status is listed as contingent or pending, it means that the house is under contract; that is, the seller has...
If there is a contingent house or pending house that you simply can’t miss out on, it doesn’t hurt to write a personal plea to the current homeowners. Regardless of the posted status or what the listing agent says, it’s not always possible to know the dynamics of a home sale. If...
Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved. ThesaurusAntonymsRelated WordsSynonymsLegend: Switch to new thesaurus Noun 1. contingent - a gathering of persons representative of some larger group; "each nation sent a contingent of athletes to the Olympics" assemblage, ...
Under a home sale contingency, your offer is subject to the successful sale of your current house. The contingency is most often based on a specific time period — such as 30 or 60 days — after which the contract is forfeited. You're off the hook for buying the home, and the seller...
Can You Still Make an Offer on a Contingent House? The contingent sale phase typically allows other potential buyers to make offers. The reason for this is that the sale is still considered active. There is still a possibility of the current buyer backing out of the deal or other things go...
In 2012 macroeconomic regulation and control policy maintenance stability, monetary policy enhancement compatibility.Persisted the real estate regulation policy does not vacillate, promotion house price reasonable return.At the same time, must advance the property tax to reform the experiment site.I[transl...
A contingent house listing means thatan offer on a new home has been made, the seller has accepted it and the home is now under contract. But before the final sale can advance, some criteria needs to be met. How do you use the word contingent?
Contingent means the seller has accepted an offer, but certain conditions need to be met before the sale closes. This means there’s still a chance that thesale could fall throughand the house goes back on the market, should those conditions go unmet. ...