A home listing that is contingent means that the listing is still considered active in the multiple listing service but an offer has been made and accepted.
The contingent nature of the listing is the numerous steps that a tentative purchase goes through, such as an attorney review, securing a mortgage and a home inspection. Realtors often show homes while a listing is contingent, just in case the offer falls through. However, some buyers write a "no showing" clause into their offers.
A home listing that is pending means all the contingency steps have been completed and the transaction is about to close. Pending listings are not considered active and the property is no longer shown.
Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. We are adept at saving our clients time and expense while rigorously protecting their interests.Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.
At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. Give us a call at 312-238-9298 for a FREE 15-minute consultation to discuss your pending or potential real estate transaction.
Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602
Offering free legal representation to homeowners seeking a short sale
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