What is the Difference between Contingent, Pending, and Contract in Real Estate?​

What is the Difference between Contingent, Pending, and Contract in the Real Estate? The terms ‘under contract,’ ‘pending,’ and ‘contingent’ are frequently used interchangeably within the real estate context, but they carry nuanced distinctions in certain contexts. These expressions all indicate that a property has received an accepted offer and a fully executed contract exists […]