30 Jan 22
What does contingent mean when buying a house, and how does it affect the sale?
Home & Garden
I’m in the process of purchasing a home and I came across a term that has me confused - "contingent". In real estate, a contingent offer is an offer to purchase a property that is tied to one or more conditions being met before the sale can be finalized. These conditions may include the sale of another property, the buyer securing financing, or passing a home inspection. I want to understand the i...