point richmond foreclosures: POINT RICHMOND REAL ESTATE-WHAT IS CONTINGENT VS. PENDING
- 05/18/10 11:59 AM
POINT RICHMOND REAL ESTATE-WHAT IS CONTINGENT VS. PENDING Many clients are mystified by what the difference between a property that is contingent versus one that is pending. Hopefully, I can clear some of that confusion up for everyone. When you as a buyer place an offer on a property and a seller accepts, you are given a certain number of days to complete your contingencies. A contingency can be an inspection, an appraisal, loan verification, etc. Typically in California the purchase contract allows for standard timeframes for each contingency. Acceptance begins the day after the acceptance date. So if you get … (0 comments)
POINT RICHMOND REAL ESTATE-WHAT IS CONTINGENT VS. PENDING
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