This means the seller has accepted an offer on the property, but success may still depend on passing a home inspection, getting financing and or an appraisal.
There are different types of contingent statuses. For example, Contingent - Show means that it is still possible to tour the property and submit a backup offer in case the current one falls through. Contingent - No Show indicates that the seller no longer wishes to show the property.
Contingent with Kick Out means that the seller is willing to accept a better offer if one comes along and will "kick out" the current offer. Contingent No Kick Out means that the seller won't be accepting more offers. However, if the current offer falls through, then the listing will be switched back to Active and the seller will accept new offers.
Tiffany Jacobs
Advantage+ Real Estate Team
RE/MAX Olympic
9214 Center Street #100, Manassas, VA, 20110
Direct:
www.TiffanyRealEstate.net
