What is active contingent?
Active contingent is when a home seller has received an offer from a buyer, but the buyer needs to meet certain conditions before the sale can be finalized. These conditions may include a home inspection or getting approval on a mortgage loan. Once these conditions are met, the home will no longer be listed as active contingent.
In certain areas, active contingent is also referred to when a buyer must sell their home before purchasing a new home. In other areas, this specific situation is covered by a different listing status:
- Active with Contingencies
- Bumpable
- Bump Clause
- Active Kick-out
- Active – First Right
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Contact Us
1455 W 16th Street, Yuma Arizona
Call: 928-726-7325
Email: [email protected]
Office hours:
Monday to Thursday 8:30-5:30
Friday 8:30-5:00
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