Status contingent meaning
WebWhat Does Contingent Mean in English? In English, the word “contingent” has a few different meanings. Most commonly, it is used to describe something that could happen or might happen but is not certain to … WebThis study examined households’ poverty status and willingness to pay for renewable energy technologies (RETs) in Southwestern Nigeria. Three hundred and four households in Southwestern Nigeria were surveyed. Households were grouped into poor and non-poor using two-thirds of the mean per capita expenditure (MPCE), and poverty depth and …
Status contingent meaning
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WebJun 30, 2024 · In real estate, “contingent” is a status indicating that the seller has accepted a buyer’s offer that includes contingencies, or in layman’s terms, specific requirements that must be met for the sale to close. If the buyer is unable to meet the contingencies, then they can back out of the agreement with their earnest money in hand. WebSep 15, 2024 · Discover what contingent and pending mean in real estate and learn about different listing statuses and other questions surrounding the purchase of homes. by Tara-Nicholle Nelson. September 15, 2024.
WebAug 7, 2024 · A contingent status means that the seller has accepted an offer and the home is under contract. But the sale is subject to, or conditioned upon, certain criteria being met … WebA contingent status on a property means that a homeowner has accepted an offer from a buyer who comes with some contingencies. Contingencies are conditions that either the …
WebNov 3, 2024 · The active contingent status applies only to homes and properties where the seller has received and accepted an offer that is hinging on one or more requirements or contingencies. These must be met before they will agree to sell the home, or before the buyer will move forward with their offer. WebNov 30, 2024 · A contingency is a potential occurrence of a negative event in the future, such as an economic recession, natural disaster, fraudulent activity, terrorist attack, or a pandemic. In 2024,...
WebSep 4, 2024 · In our market, ‘Contingent’, Pending’, and ‘Under Contract’ are all variations of the same listing status. You may see terms online or even on real estate signs that say ‘Sale Pending’, ‘Under Contract’, or ‘Backups Requested.’. All of these terms mean that the listing is ‘Under Contract’ with a buyer.
WebMar 14, 2024 · A contingent property is one where an offer has been accepted and the home is under contract, but before the home can be sold, certain conditions must be met. These conditions are called... philhealth annex bWebOct 11, 2024 · Contingent* AC: An offer has been accepted and is contingent on fulfilling certain criteria within the purchase agreement. The listing is still on market. This status is generally used to indicate that the seller is looking for additional back-up offers, or that the property is subject to financing, court or other third party approval. Pending* P philhealth annex cWebContingent or contingency means a condition is written into the contract that must be met for the contract to be legally binding. Most residential purchase offers include … philhealth annexesWebJul 23, 2024 · Instead, it refers to the sale of the home being dependent on a contingency working out. Both sellers and buyers can come to the table with contingencies that are required for the sale to go through (such as the buyer selling their current home first ). You may see a home listed as being both a contingent sale and under contract. philhealth annex eWebSep 6, 2024 · When a property is listed as contingent, it means that the buyer has made an offer and the seller has accepted that offer, but the deal is conditional upon one or more things happening, and the closing won’t take place until those things happen. previous post Top Real Estate Companies in Georgia next post PODS Storage vs. Self Storage: A … philhealth annual reportWebMar 31, 2024 · Contingent: No Show In a Contingent: No Show scenario, the seller has decided to no longer show the property or accept other offers. This status likely means … philhealth annex a formWebApr 20, 2024 · Both are statuses of a property’s availability, but they mean different things. When a property switches to contingent, it means the seller has accepted an offer that is contingent on specific conditions requested by the buyer. That could involve anything from financing to an inspection. When you see your dream home on the market switch to ... philhealth antipolo branch