What Does Contingent Mean in Real Estate?
Posted by Paul Burrowes on
The 4 Core Escrow Contingencies
1 17 Days Physical Inspection Evaluates home systems, pests, roof, and foundation. 2 17 Days Property Appraisal Verifies the fair market value meets loan requirements. 3 21 Days Mortgage Financing Secures underwriting loan commitment from bank. 4 30-90 Days Home Sale Ties purchase to the successful sale of buyer's property.A Complete Guide for Buyers and Sellers in Santa Cruz County
If you have been browsing real estate listings across Santa Cruz County—whether scrolling through homes online or driving past sale signs in Capitola, Aptos, or the Santa Cruz Mountains—you have likely come across the word "Contingent."
Seeing a "Contingent" status on a…
112 Views, 0 Comments