Searching for a home on the market can be an overwhelming experience, especially if its your first time. You're excited about new beginnings and yet most likely worried about the process as well. The process can be a little confusing. There are new terms to learn - like "contingent."
While searching for your next house, you think you found the perfect one. Then, you happen to notice that it has been listed as "contingent." What does that even mean? We're here to guide you through just what contingent means in real estate. We have a complete overview to fully inform you and give you the savvy you need to navigate your next real estate purchase.
Let's Define Contingent Real Estate
First things first, let's take a broad look at what the word…