What Does Contingent Mean In Home Buying at Buying

What Does Contingent Mean In Home Buying. A contingent house listing means that an offer on a new home has been made, the seller has accepted it and the home is now under contract. Contingent means the seller of the home has accepted an offer—one that comes with one or more contingencies or conditions that must be met before the sale can go through.

If they don’t happen within a set period of time, the deal is off. Without further ado let's jump in: The listing is still technically active until the contingency has been met.

How to Make an Offer on a House That Is Contingent With

When a property is marked as contingent, an offer has been accepted by the seller. This is essentially the same as “no show.”. On zillow, contingent means the home is still under contract and has passed the inspection phase, but there is still a contingency included in the purchase agreement that has not been cleared. This is true of the words contingent or contingency — terms that apply to a number of aspects of the real estate.