WebFeb 1, 2024 · Contingent meaning. In real estate, “contingent” indicates a seller has accepted a buyer’s offer on their house, but the offer includes certain criteria — called contingencies — that must be met before the sale can be finalized. For the parties involved in the transaction, contingencies allow time to work through any unknowns that ... WebFeb 28, 2024 · In general, the term “contingent” means “depending on specific circumstances.”. In real estate transactions, a contingent home sale means that buyers and sellers need to meet certain conditions before the sale is finalized. For instance, when a buyer makes an offer on the house with an inspection contingency and the seller accepts …

Contingency Clauses in Home Purchase Contracts - Investopedia

WebDefinition of Contingent. When a home is listed as contingent, it means the seller has accepted an offer but the deal is contingent on a home inspection, loan approval, or other contingency contained in the Purchase and Sale Agreement. On Redfin, there are different types of contingent statuses. For example, "Contingent - Show" means that it is ... WebJun 10, 2014 · Best Answer. Copy. Contngt-Escape in real estate means the sale is contingent upon the buyer choosing to use the escape clause. This can usually be used if an inspection fails. Wiki User. ∙ 2014 ... cytosol and hyaloplasm

What Does Contingent Mean in Real Estate - Maximum Real Estate …

WebSep 12, 2024 · A home sale contingency would make the purchasing transaction contingent on selling your existing home by a specific date. The purchasing transaction moves forward if the sale happens by the specified date. But the purchase contract is canceled if the sale doesn’t happen. The critical thing buyers (and sellers) need to … WebJan 19, 2024 · In real estate, contingent means an offer has been accepted on a home, but before the sale can go through, certain criteria (specified in the contract) need to be met. In mid-2024, 76% of recent … WebA contingent offer is an offer from a buyer to a seller with conditions that must be met for the offer to be binding. The contingency is the clause that gives the buyer the right to back out and recuperate any money they’ve put down if the clause isn’t met. The seller can accept, reject or counter the contingent offer. cytosol and interstitial fluid