What Does Contingent Mean in Real Estate?

What Does Contingent Mean in Real Estate?

Last year,  6.9 million homes changed ownership in the U.S. However, what is not as clear is how many home sale transactions fell through. It is not uncommon for a buyer to make an offer, the seller to accept the offer, but the property doesn’t change hands....
Is an FHA Loan Right for You?

Is an FHA Loan Right for You?

The mortgage loan used by many first-time homebuyers is an FHA loan. This type of loan is offered by approved lenders and is insured by the Federal Housing Authority (FHA). There are several reasons these mortgage loans are so popular with not only first-time...