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...
Contingent vs. Pending: What This Means in Real Estate A contingent sale means the buyer and seller are waiting for specific conditions to be met before they finalize the sale, while a pending sale has met those conditions and is being processed. ...
Your agent or real estate attorney can guide you through this legal process. What is a contingent offer? A contingent offer is when a buyer makes an offer to purchase a home, but reserves the right to back out of the deal, with their full earnest money deposit, if the conditions of ...
Real Estate ... Expert advice for confident homebuying, selling and improvement. Real Estate Best Places for a Winter Vacation Home Looking for a second home in a cold-weather destination? Consider access and amenities, and be ready for steep slopes and steeper prices....
Contingent Valuation and Real Estate Damage EstimationReal estate appraisal practice stresses the three traditional approaches to valuation (cost, sales comparison, and income approaches) to value contaminated propLipscomb, Clifford A.Kummerow, MaxSpiess, WillKilpatrick, Sarah J.Kilpatrick, John A....
aContingent on a variety of factors, additional income generated from real estate investments may give you access to more credit. Generally, lending institutions lend more money to people who make more money. The additional income made from real estate investments may open broader credit lending doo...
Contingent and Pending Whether you are a buyer or a seller, knowing the most common real estate listing statuses is critical. A real estate agent will change the status in the multiple listing service when the buyer and seller have executed a contract. ...
“The first call I make when someone’s interested in a home is to reach the other agent – the listing agent – and find out if there’s any other offers that they have in hand, and if so how many,” says Jeff Plotkin, a Texas-licensed real estate agent, attorney, certif...
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in Closings, Disclosures, Massachusetts Real Estate Law, Offer To Purchase, Purchase and Sale Agreements I had a interesting situation come up the other day during a pre-closing walk-through. Unbeknownst to me or the listing agent, the seller had removed wall-mounted speakers from the living ro...