What is contingent on property listing?

[Houseura]

<div>When you find a home indicating under contract, it normally implies that the seller has accepted an offer but the sale has not been finalized yet. Some conditions are yet to be fulfilled prior to closing like inspection or loan approval. To put it simply, contingent in real estate is the reservation of the property to a buyer, yet the transactions may still fail in case the necessary conditions are not fulfilled in time.</div>

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