How long does a house stay in contingent status?

Dated: January 12 2023

Views: 28

How long does a house stay in contingent status? The length of contingency is on a case-by-case basis and will depend on what type of contingencies are in the offer. The contingent period usually lasts anywhere from 30 to 60 days. If you have a mortgage contingency, the buyer’s due date is usually about a week before closing. Overall, a home stays in contingent status for the specified period or until the contingencies are met and the buyer closes on their new house. Live the Easy Life Real Estate Tammy Irby Samson Properties


https://posts.gle/KjZwrj

Blog author image

Tammy Irby

Meet Tammy Irby, a seasoned real estate professional with a nearly four decade history of serving Northern Virginia, including Fairfax, Loudoun, Prince William Counties, and neighboring areas. Tammy's....

Latest Blog Posts

Embracing Companionship: The Benefits of Adopting a Pet Later in Life

Life's journey is unique for each of us, and for some, the idea of adopting a pet may not come until later in life. While many people associate adopting a furry friend with youth and energy, the

Read More

Emerging Trends in Senior Living: Embracing a New Age of Aging

As the baby boomer generation continues to age, the landscape of senior living is undergoing a significant transformation. Today's seniors are not content with the traditional retirement communities

Read More

The Benefits of Living in Loudoun County: Exploring Ashburn and Leesburg

The Benefits of Living in Loudoun County: Exploring Ashburn and LeesburgAre you considering a move to Northern Virginia but want a perfect blend of suburban tranquility and urban convenience? Look

Read More

Penalties & Rules for Cashing Out a 401(k)

It’s fairly easy to put money into a 401(k), but getting your money out can be a different story if you haven’t reached 59 ½ years old. To make penalty-free withdrawals from

Read More