What Does Contingent Mean on Zillow and Realtor.com? When looking at listings online, you’re bound to see the contingent listing status on Realtor.com and Zillow. Many people wonder what contingent means on Realtor.com and Zillow. A listing labeled as contingent on these sites indicates a co...
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. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but...
The term “contingent” refers to a specific condition or requirement that must be met for a sale or purchase agreement to be fully executed. Understandingwhat contingent meansin real estate is vital for buyers and sellers alike. These contingencies are typically outlined in the contract and protec...
"Active" status may be further broken down into subcategories. "Active Contingent" means the house is still technically available, but its sale may be pending a buyer's financing approval. "Active Option Contract" means that the seller has accepted an offer from a purchaser, but the contract ...
Related: How Does Buying a House As-Is Work? Why Can’t I Find an Affordable Starter Home? In December 2019, the national median existing-home price for all housing types was $274,500, according to National Association of Realtors data. Since then, home prices have skyrocketed. In August...
Danielle Hale, chief economist for real estate information company realtor.com, explains that market value is based on the expectation that the property would sell during the period the value is calculated. “When people think about home values, they often mean, ‘This is the pri...
Contingencies in a real estate contract allow either one of the parties to back out of the deal if certain specified conditions are not met. This could include a home inspection that reveals serious problems with the home or the purchase being contingent upon the buyer securing financing (see ...
The trustee plays a crucial role in the management and distribution of a trust. Find out what the trustee's responsibilities are and how to choose one.
As a buyer, you’ll often be making a conditional offer due to necessity. This can be because you’ll need to qualify for a mortgage or sell your existing home. You may also want to make sure that the home is in good condition, in which case, your offer may be contingent on a sat...
What does a Short Sale Lawyer do? How do I Choose the Best Short Sale Condo? What are the Tax Implications of a Short Sale? What does a Short Sale Realtor® do? Discussion Comments Share WiseGeek, in your inbox Our latest articles, guides, and more, delivered daily. ...