Found 1 blog entry tagged as closing costs.

Everything has its own jargon; its own terminologies. Real estate is no exception. Are you searching for the meaning of some words listed in your contract, or looking to understand a word you heard your Realtor say, but were too afraid to ask? Never fear, C21 Able is here. We've made a small dictionary of real estate terms for you! Bookmark or favourite this page to have as a handy reference while you're going through the home buying or home selling process.

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Active contingent

When a seller accepts an offer from a buyer, that offer hinges on the buyer’s ability to meet certain conditions before sale finalization. Contingencies might include the buyer selling their home, receiving mortgage approval, or reaching an agreement with the seller…

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