Let's say you've found your dream home online on the multiple listing service, but the status of the property is marked "active contingent." What does "contingent" mean, and is the real estate still up for grabs? Does "active" paired with "contingent" mean that the property can still be yours, if you make the right offer to a seller?
Read on for some explanation about this real estate listing status and for some insight into making an offer that will make the seller and buyer happy when a property is labeled contingent.
What does 'active contingent' mean?
If a home's status is "active contingent," it means that the buyer has submitted an offer to the seller with contingencies, or issues that must be resolved before the sale of the property can be finalized.
When a home is listed as "Active Contingent" or "Active with Contingencies," it means the seller has accepted an offer from a buyer and a Purchase and Sale Agreement exists, but that certain conditions (or contingencies) must be satisfied before the sale can be finalized. These conditions may include a home inspection or getting approved for a mortgage loan. Once these conditions are met, the home is no longer listed as Active Contingent. In certain areas, Active Contingent is also known as Active CAPA (can accept purchase agreement). What is the difference between contingent and pending?
For more : Active Contingent Definition
The Tata Ace has a permissible loading capacity of 750 kg (1650 lb), which makes it ideal for transporting goods and materials within the city. It is also small enough to navigate through narrow streets and congested traffic. You can easily to get mini trucks for rent in Delhi.
ReplyDeleteMovers and packers Chandigarh charges can vary significantly depending on various factors such as the volume of goods, distance to be covered, and the specific services required. Chandigarh, with its bustling urban landscape, offers a plethora of relocation service providers catering to diverse needs. Typically, these charges encompass packing materials, labor, transportation, and any additional services like storage or insurance. To get an accurate estimate for your move in Chandigarh, it's advisable to reach out to multiple moving companies, request quotes, and compare their offerings to ensure you receive the best value for your money.
ReplyDeleteHaving trouble with your refrigerator not cooling properly? Look no further! At Smart City Care, our expert technicians are here to help diagnose and fix any refrigerator problems you may have.
ReplyDeleteRefrigerator Repair service in Delhi NCR
The home care service provider in Delhi NCR is committed to ensuring the well-being and safety of their clients.
ReplyDelete