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...
What exactly does contingent mean in real estate? 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 ...
“When you are making an offer that is contingent on the sale of your previous residence, which is the alternative to getting a bridge loan, you don’t have a lot of purchase price negotiation ability because you are asking the seller to wait until you sell your home. If you have an a...
What Does "Status Active" Mean in Real Estate? Tips A property that's listed with an "Active" status is available for sale, without any pending contracts or contingencies. Status Active Subcategories "Active" status may be further broken down into subcategories. "Active Contingent" means the ho...
Contingent Assignment In the world of life insurance, policyholders have the option to assign their policy to someone else, typically for purposes of collateral or as part of an estate planning strategy. This is known as a policy assignment. However, there may be situations where the original ...
Representation:A real estate attorney can represent you when you feel ill-equipped to handle a transaction on your own. This can mean less stress, less effort, and more confidence for you. A real estate lawyer can represent a buyer or a seller but not both at the same time due to the ...
Asset: An asset is something of value such as cash, real estate, or property. A business may have current assets or fixed assets. Balance sheet: A balance sheet is a document that shows a company’s assets and liabilities. Subtract the liabilities from the assets to find the firm’s net...
life insurance, it’s important to understand the different types of coverage available. Two common terms you may come across when researching life insurance are “primary” and “contingent.” In this article, we will explore what these terms mean and how they impact your life insurance ...
What does the term "leverage " mean when talking about realestate of finance? 1) Discuss the importance and goals of estate planning. Explain why estates often break up. Distinguish between the probate estate and the gross estate. 2) Briefly describe the steps involved in the ...
reject or submit a counteroffer. Once both parties come to an agreement, they must sign a contract for the sale of the property, contingent on an inspection and other details outlined by both parties. The buyer often has to provide earnest money to confirm the intent to purchase the home....