Buying a home can feel like learning a new language—especially when words like “contingent’’ pop up during your search. If you’ve spotted a listing labeled “contingent” and wondered, “Can I still make an offer?”, you’re not alone.

This guide breaks down exactly what “contingent” means, why it matters and how to keep moving forward—even if the house you want is already under contract.

Key Takeaways:

• Contingent" means an offer has been made and accepted, but certain conditions must be met before closing.
• Common contingencies include financing, home inspections, and appraisal.
• Buyers can still make backup offers on contingent homes.
• Not all contingencies are deal-breakers. With the right partner, you can still win your dream home.

A home marked "contingent" is under contract—but that contract has conditions that must be met before it’s a done deal. Until then, it’s still in play.

What Is a Contingent Listing?

In real estate, contingent means a seller has accepted an offer, but certain requirements must be satisfied for the sale to move forward. If any of those conditions fall through, the deal might collapse—reopening the door for other buyers.

Most common contingencies:

• Financing: Buyer must secure mortgage approval.
• Home inspection: The deal depends on the home passing inspection.
• Appraisal: The home must meet or exceed value.
• Sale of another home: Buyer must sell their current house first.

Heads up: A “contingent” status is not the same as “pending.” Once all contingencies are met, it moves to pending—meaning the deal is close to final.

Can You Make an Offer on a Contingent Property?

Yes—but timing is everything.

If you fall in love with a contingent home, you can often submit a backup offer. That way, if the first buyer backs out, you’re next in line.

What to expect when submitting a backup offer:

• Your offer is legally binding—but only kicks in if the first deal falls through.
• Sellers often welcome backup offers—it gives them options.
• Make sure your offer is as strong (or stronger) as the original buyer’s.

VA Tip: You might have a competitive edge if you’re preapproved and waiving unnecessary delays. VA loans with zero down can still win in a competitive market when structured right.

How to Protect Yourself With Contingencies?

Contingencies are there to protect buyers, not slow you down. They give you an exit if big issues arise.

Smart contingencies for buyers:

• VA appraisal contingency(In case you’re using VA loans): Protects you from overpaying.
• Home inspection contingency: Ensures the home meets livability standards.
• Loan contingency: Safeguards your earnest money if financing falls through.

Don't worry—we’ve got you: Platforms like realpha help you navigate contingencies without stress. And Be My Neighbor guides you through loan-specific requirements with ease.

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Conclusion: Your Dream Home Might Still Be Within Reach

Just because a listing says “contingent” doesn’t mean it’s game over. You have options—and when you partner with the right team, your path gets clearer.

Here’s the bottom line:

• Be My Neighbor is a trusted lender with deep experience in contingencies.
• realpha is a commission-free buying platform that puts you in control—backed by expert agents, at no added cost.

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FAQs

What’s the difference between contingent and pending?

Contingent means the deal is conditional. Pending means all contingencies are cleared and the sale is almost final.

Can I submit an offer on a contingent home?

Yes, you can make a backup offer. If the original deal falls through, yours can take its place.

Do VA loans affect contingencies?

Yes. VA loans require specific appraisals and inspections that can become part of your contingencies.

What happens if a contingency fails?

The buyer can walk away without losing their earnest money. This makes contingencies a buyer safeguard.

Are backup offers common?

Absolutely. Especially in hot markets, backup offers can be a smart move.

Disclosures & Compliance Notes:

• Be My Neighbor | NMLS ID #1743790
• realpha is a commission-free home buying platform and partners with licensed professionals for real estate and mortgage transactions.
• All loan approvals and rates are subject to underwriting guidelines and eligibility criteria.
• This blog is for informational purposes only and should not be construed as financial advice.
• Always consult a licensed mortgage advisor for your specific loan needs.
• VA loan benefits are subject to eligibility verification through the Department of Veterans Affairs (va.gov).

Rates referenced should be verified via Freddie Mac PMMS or VA Loan Rates.