Tag Archives: contingency

Contingent vs. pending: What’s the difference?

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Q: Every time we look for a house (condo, townhouse or single-family home) and find one we like, by the time we go to make an offer, it’s always been either contingent or pending. Why? And also, what does pending mean? –Eric B., Las Vegas A: Eric, … Continue reading →

Seeing contingencies come back? Your market is shifting

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During the red-hot seller’s market of the past couple of years, we saw contingencies all but disappear in high-demand markets. As the market shifts, the reemergence of contingent transactions and contingency clauses can help you gauge the balance of po… Continue reading →