Why Homes Are Showing Available When Already Under Contract
Posted by Kim Blanton on
Contingency Contracts
Why That “Active” Home May Already Be Under Contract: Understanding Contingency Contracts in Tennessee Real Estate
In today’s fast-moving real estate market—especially in Nashville and across Middle Tennessee—it’s common for homebuyers to get excited about a listing they’ve found online, only to find out later that the home is already under contract.
This frustrating experience usually comes down to a common misunderstanding: contingency contracts and how listings are displayed on third-party websites.
What Is a Contingency Contract in Real Estate?
A contingency contract means that a seller has accepted a buyer’s offer, but certain conditions must be met before the sale becomes final. These conditions—or…
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