Pending Vs Contingent
As far as real estate contracts go there s a big difference between contingent vs.
Pending vs contingent. We ll break down the nitty gritty definitions in just a moment but let s first back up and clarify why it matters. We re often asked what the difference is between pending and contingent. If all goes well contingent deals will advance to a pending state. If a property is pending the provisions on a contingent property were successfully met and the sale is being.
Under contract what s the difference in real estate. The difference between contingent vs pending in real estate. Quite simply when a property is marked as pending an offer has been accepted by the seller. The difference between pending and contingent.
What s the difference between a listing that says contingent as opposed to pending or under contract this is one of the most frequently asked questions we get from real estate buyers. Contingent deals are still active listings because they are liable to fall out of contract if requested provisions are not met. Here s the difference between contingent vs. Contingent means the seller of the home has accepted an offer one that comes with contingencies or a condition that must be met for the sale to go through.
When a property is marked as pending an offer has been accepted by the seller and all contingencies have been satisfactorily.