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Yes, if the sale is just in a contingent status, you can usually take your home off the market. You will be responsible for returning all monies that were advanced.

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10y ago

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Related Questions

What does contingency mean?

Pending Sale


Can you do a contingency contract on a short sale?

No you can not purchase a short sale property contingent on selling your home. A lender would never agree to such a clause. In most short sales the lender will ask for the buyer to close quickly (within 30-45 days).


What is the realstate market like right now for putting your home up for sale?

Right now the market is slow and home sales are down almost every where. Trying to sell your home now would be difficult.


Can you re-mortgage your home while it is on the housing market?

Typically not, one of the processes of underwriting is to check the mls (multiple listing service) to make sure a home is not for sale or has been for sale in the last 6 months.


In real estate what does Ctg stand for?

CTG is an abbreviation for "contingency". The contingency could be a house to sell, house to close, financing, or short sale. This usually means the the seller has accepted a contract based on a contingency. Depending on the type of contingency, and terms of the accepted contract, the seller may have the option to continue to show the property in search for a non contingent offer.


Can you borrow against your home when it for sale?

Not usually, but it is up to the lender. Most lenders will make you take the home off the market for awhile before they will close the loan


How can one sell their home in the Houston Texas real estate market?

The normal way to is to contact a real estate sales company who will list and advertise your home for sale. They will find prospective buyers and help you move through the sale process. They do charge a percentage of the sale price for a fee.


Can you buy a bond after it has been sold out on the primary market?

Bonds are traded both in the primary market, which is the initial sale of the bonds, and in the secondary market, which is the sale of bonds subsequent to the initial sale by the issuer or underwriter.


What is the difference between in the market and on the market?

In the market is where you do your buying and selling. On the market is where you put something that is for sale.


Has the price of housing increased or decreased in the last year or so?

Home prices across the country have decreased in most areas during the last two years, caused mainly by an oversupply of homes on the market, and sellers trying to make a sale.


Gift of equity?

Equity is the difference between the actual sale price and the market value of a item such as a home. If a sale in made to a family member or with someone in which the seller has had a previous relationship with at a discounted or below market value price, this is known as a gift of equity. Most lending places will allow a gift of equity to be used as a down payment on the sale.


Corporations receive the proceeds for the sale of their stock inwhat market?

The primary market is where corporations receive the proceeds for the sale of their stock. New securities are issued on an exchange by a primary market.

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