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What Does Active Contingent Mean in Real Estate?
If a home is listed as “Active, subject to inspection,” the buyer and seller have signed a purchase agreement (contract), but the buyer is allowed to cancel the deal if the buyer does not like the results of the home inspection. Usually these inspections take place a few days after the purchase agreement is signed. The contingency is removed after the buyer is satisfied with the inspection results.
All You Need to Know About Exposed Ceiling Beams
Their old world, country-chic appeal, gives exposed ceiling beams a dramatic look.