Can You Make an Offer On a House That Is Pending or Contingent? Yes. You can make an offer on a house listed as pending or contingent. Still, because the seller already has a signed contract with another buyer, your offer may not be granted serious consideration. It depends on how the ...
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.
It can also represent a contingent liability on the balance sheet. To display this in your balance sheet, we'll need to create a sub-account, as it is not part of the default accounts in QuickBooks Desktop (QBDT). It's also best to contact your accountant wh...
Proper recording of accounts for Pending Settlement varies since it can be considered a temporary asset once finalized. It can also represent a contingent liability on the balance sheet. To display this in your balance sheet, we'll need to create a sub-account, as...
Another major difference between the sale pending and under-contract scenarios is that seller agents will often continue to lightly market a home with a contingent contract, while they usually shut down promotion when a sale is imminent.
The majority, by contrast, held that failing to file a claim was not “the type of ‘extremely remote and speculative possibility’” that was found in Hughes Properties not to “render an otherwise fixed liability contingent.” Id. at 244-45. In 1984, Congress codified the traditional all ...