While strolling through your neighborhood (or scrolling through online listings), you might see signs on homes that read “pending” or “contingent.” When a home you’ve been eyeing finds itself in either status, you may wonder if it’s now too late to buy. The two concepts can stir up a lot of confusion: What exactly do these statuses mean to both a buyer and seller? Can you … [Read more...] about Contingent vs. Pending: What’s the Difference?
While flipping through listing statuses online, you may come across the word "contingency” – just one of the many terms and acronyms that come up during the homebuying journey. But whether or not it applies to your homebuying experience, it's a great idea to learn about this concept long before your final walkthrough. In this article, we'll answer the question: “What … [Read more...] about What Does ‘Contingent’ Mean in Real Estate?
Few things compare to the fluttery feeling in your stomach the day you close on your home. After all, home loans often require homebuyers to have down payments and closing costs in hand — and those can be some hefty chunks of change! You might be wondering how long it takes to reach various milestones in the homebuying journey. How many days does it take to get from … [Read more...] about How Long Does it Take to Close on a House?