Tag Archive for: contingent offers on a home

What Does Contingent Mean in Real Estate? A Detailed Guide

In real estate, "contingent" refers to a status that indicates a property is under contract with a buyer, but the final sale is dependent on certain conditions or 'contingencies' being met. These contingencies, often also referred to as conditions, are terms set out in the purchase agreement that must be fulfilled for the transaction to proceed to closing.Read More

Bump Clauses For Contingent Offers

I have blogged several times about options for buying a new home before selling an existing home. An example is here. Buyers often don’t want to sell first b/c they […]Read More