And what does pending mean in real estate? In this Redfin article, we’ll explain the difference between contingent vs pending, so you know your options when looking at homes. So whether you’re looking for acondo in Miami, FL, or ahome in Minneapolis, MN,there are options if you’re ...
So, instead of changing the status to conditional, they will mark it as pending in the multiple listing service (MLS). In some real estate markets, a contingent home might have its days on the market continue to increase as if it were still active for sale. Instead of the market time c...
When it comes to contingent vs pending homes, both mean an offer has been accepted but neither means the sale is final. Learn how they are different here.
What Does Contingent Mean? As a general term, contingent means “upon certain conditions being met.” In the context of real estate, it means that the buyer and seller have agreed to the terms of a purchase and sale agreement, but only if certain conditions are met. This is common in re...
Making a contingent offer protects your interests in case unexpected issues mean you no longer can or want to buy the home. A contingent offer includes "walk-away" clauses, or "contingencies," that let you get out of the deal and retrieve your earnest money deposit if certain conditions ...
Different visions of the future the partners might have doesn’t mean there’s no chance to cooperate. Moreover, differences and misunderstandings are the core of contingent contracting. A contingency contact addresses the interests of both parties by allowing them to sort of “bet” on their pre...
So, when that word “contingency” comes up in today’s real estate market, what can it mean for buyers and sellers? Home Sale Contingencies In many cases, when a contingency is attached to a home sale transaction, it comes along on behalf of the buyer. Many buyers, who already own...
What does it Mean? By definition, it means a future event or circumstance that is possible but cannot be predicted with certainty. In real estate, this clause defines a condition or action that must be met in order for a real estate contract to become binding (as aforementioned, with a ho...
S MAINTENANCE OF ITS STATUS AS A REAL ESTATE INVESTMENT TRUST UNDER THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”). SUBJECT TO CERTAIN FURTHER RESTRICTIONS AND EXCEPT AS EXPRESSLY PROVIDED IN THE CORPORATION’S CHARTER, (I) NO PERSON MAY BENEFICIALLY OR CONSTRUCTIVELY OWN SHARES ...
The tests show the presence of structural breaks and jumps in the price series. The price series is stationary after incorporating the structural breaks, and therefore a mean reversion with jumps process, and not geometric Brownian motion, is used to characterize the prices. The presence of ...