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The Difference Between Pending And Contingent Deals

July 12, 2024 by Rilian Ball

The real estate market can be a bit confusing, especially when you encounter terms like "pending" and "contingent" deals. Understanding these terms is crucial whether you're a buyer or a seller, as they can significantly impact the progression of a property transaction. What Is a Contingent Deal? A contingent deal occurs when a seller has accepted an offer from a buyer, but the sale is dependent on certain conditions being met. These conditions, or contingencies, are clauses included in the … [Read more...]

Filed Under: Mortgage Tagged With: Contingencies, Mortgage Basics, Real Estate

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Rilian Ball


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Rilian Ball
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