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Yes, you can still, in most instances, file a backup offer. A contingent property has not been sold officially yet. Contingent in Real Estate refers to the present buyer having to meet certain requirements prior to the transaction. The sellers usually take backup deals in the event that the first deal collapses. This allows prospective buyers a second chance to acquire the property in case of cancellation of the first contract.
Read more: https://houseura.com/blog/what-does-contingent-mean-in-real-estate/
Read more: https://houseura.com/blog/what-does-contingent-mean-in-real-estate/
