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Old 04-13-2008, 03:51 PM
 
Location: Back in the Mitten. Formerly NC
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I was looking at houses and I came to a status I have never heard of (although I am new to the whole house hunting thing.) What do they mean when they say it is "conditional"?
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Old 04-13-2008, 06:42 PM
 
Location: Southwest Pa
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In Pennsylvania we call it "contingent". Simply means the deal is contingent on something. Financing, inspection, things like that. When the contingency is met it then goes to "U" status, under contract. If the contingency isn't met, it goes back to "A", active.
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Old 04-13-2008, 08:19 PM
 
Location: Back in the Mitten. Formerly NC
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There are some listed as contingent, too. I knew that one. Maybe they are the same...
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Old 04-13-2008, 08:49 PM
 
Location: Southwest Pa
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I should add that some multi-lists call things differently even in the same state. What we call contingent, the next county over might call it pending. So, we say toe-may-toe, they say toe-maw-toe. Still the same.
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Old 04-14-2008, 06:17 AM
 
Location: Union County, NC
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In our MLS conditional means a condition must be met (i.e., financing, inspection). Once all conditions are met, it would go into pending status.

Contingent means there is an accepted offer that is contingent on the sale (not the closing) of the potential buyers home.
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