A property may be under Contingent in Real Estate status some weeks; it is usually between 30-60 days, depending on the agreement terms. The time taken is determined by the speed at which the buyer satisfies contingencies like financing, inspections and finalizing appraisals. The delay can be experienced in case of problems in these processes. When all the contingencies are fulfilled or waived, the status of the property becomes pending and it is more inclined toward the final closing.
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