Our guide covers the meaning of contingent in real estate, or, simply put, conditions that must be met in the transaction of a home for the sale to continue.

Explore the world of real estate contingencies in 2024. Contingencies are crucial conditions that protect both buyers and sellers in property transactions.

In real estate, the purchase agreement is the agreement between the homebuyer and the home seller that spells out the terms of the transaction. As its name suggests, it’s a contract to purchase a ...

However, our real estate agent advised us that since the buyer was still within the time limitations of his home-inspection contingency, the buyer could still negotiate the contract price.

Sellers don't like offers that are contingent upon the sale of the buyers' home. Buyers don't like to make offers on homes that are contingent upon the sellers' finding a replacement home. The ...

For years, real estate agents have advised their clients to get preapproved for a mortgage before they start looking at houses. Today, getting preapproved for a loan may not be enough to prepare ...

I understand that real estate agents are advising potential purchasers that if they include a financing contingency in their contract offer, the sellers will reject that proposal.