You’ve been searching for a home to buy, and you come across a property you love only to see it’s labeled as “contingent.” You might wonder, “Can I still buy this house?” or even, “Can you make an offer on a contingent house?” In this post, we’ll review how you can still throw your hat in the ring for a house that’s caught your eye, even if it’s currently under a contingent status. We’ll also look at how to decide if it’s worth your time to make the offer, and what you can expect if you do. When you’re sifting through house listings and come across one marked as “contingent,” it signifies that an offer on the house has been made and accepted, but the final sale is pending until certain conditions, or contingencies, are met. These conditions are put in place to protect both the buyer and the seller, ensuring that specific criteria are satisfied before the transaction proceeds to closing. Several common types of contingencies can cause a home to be listed as “contingent.” These include:What does contingent mean on a house listing?
Types of contingencies
