contingent: The slow Real Estate market is bringing back contingent offers. Here are the pros and cons. - 10/02/07 07:58 AM
Contingent offers and why they are making a comeback.
During the strong sellers' market of recent years, contingencies were rare because buyers were confident they could sell before closing on their next home. Times have changed due to a slower real estate market.
What are Contingent offers???..... A contingency in a purchase contract is a condition that must be satisfied for the sale to go through. With a contingent-sale offer, the deal is not complete until the buyer's home is sold. If the buyer's home doesn't sell, the buyers are usually released from the contract without penalty and the seller's home goes … (2 comments)

 
Jason Schweiger, Loan Originator / Branch Manager NFLP (Network Funding LP)

Jason Schweiger

Loan Originator / Branch Manager NFLP

Auburn, WA

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Network Funding LP

Address: 5702 Olive Ave SE, Auburn, WA, 98092

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Puget Sound Mortgage Broker working hard for my clients in the entire Puget Sound region including Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, Renton and more.


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