Quick Answer “Active Under Contract” in real estate means a seller has accepted an offer, but the…
buyer contingencies
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**Buyer Contingencies**
Buyer contingencies are conditions or clauses included in a real estate purchase agreement that must be met for the sale to proceed. These contingencies protect the buyer by allowing them to cancel or renegotiate the contract if certain requirements aren’t fulfilled, such as obtaining financing, passing a home inspection, or selling an existing property. Understanding common buyer contingencies can help both buyers and sellers navigate the home buying process with greater confidence and clarity.
Quick Answer The term active contingent in real estate indicates a property for which a seller has…
Quick Answer “Active Under Contract” in real estate means a property has an accepted offer but is…