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What is a house active under contract

24.03.2021
Hedge71860

Definition of Active Under Contract: An offer has been accepted but the listing is still on market, with the specific contingency to be noted. Any listings in this status must state the following at the beginning of the public remarks, "Under Contract Taking Backup Offers." So basically if a house goes under contract on a Monday the soonest you’ll ever see a change is probably that Wednesday or Thursday, but in reality it will most likely be a week to ten days behind. Zillow makes money by selling your contact info to Realtors, they don’t care if their information is accurate or not so long as you click on a home you like and hand over your name, phone number, or email. Under Contract - Continue to Show is a status that we as Realtors use when the property we had listed has an agreed upon contract. That contract is being held at a Title Company with Earnest Money attached. It also means that other buyers may go and see the home, accompanied by their Realtor. When a home has “sales pending,” on its listing, that means there is an active purchase contract the seller and buyer agreed upon. While a new offer won't bump the first buyer, you can always submit a backup offer, which the seller can look at if the first contract falls through for any reason.

12 Jan 2017 Is the house "actively" for sale? Or is it "under contract?" Both?!? Maybe!?!? This is supposed to be better than "contingent" and " 

When a listing is in Active Under Contract, that property is under contract, but is still accepting showings and being actively marketed. Days on Market (DOM) and Cumulative Days on market (CDOM) will continue to accumulate when a listing is in Active Under Contract status. What does it mean when a house is under contract? When a home is under contract it means that a buyer has made an offer on the home and the seller has accepted but the sale is not yet final. When the transaction is complete, the status of the home will show that the home has sold. While the property is still under contract, all contingencies must be met before the sale is finalized.

Being a Realtor from another state, there will be a small degree of suppostion here. The other status for a home that is Active is Pending or Contingentwhich both mean the home is under contract with another buyer. Pending means all contingencies have been removed (appraisal, home inspection,

What does under contract mean in real estate? As with a contingent property, a home that is active under contract is one where the buyer and the seller have agreed to terms, but the deal is still in its early stages and may not come to fruition. Under Contract. The property still shows up on realtor.ca, it shows as “U” on the CREB MLS system and showings will be permitted. Pending. There will be a C/S sticker on the lawn sign, it shows as “P” on the CREB MLS system, the property will not be displayed on realtor.ca and showings will not be permitted. Definition of Under Contract. A home is under contract when a buyer has made an offer on a home and the seller has accepted, but the sale has not closed. In order for a home to close and no longer be "under contract," all contingencies must be satisfied or waived (inspection, financing). When the home successfully closes, In general, there are four main categories for a property: active, contingent, pending and sold. Properties that are otherwise no longer available may appear as cancelled or withdrawn. A property

While the property is still under contract, all contingencies must be met before the sale is finalized. That may mean the buyer must secure financing, the home 

16 Sep 2016 For the buyer, they feel as if they have the property "tied up" while they You SHOULD NEVER market your home as under-contract unless you are MLS ( there are only 4 out of the 1,697 active listings as I write this article), 

Listings 1 - 13 of 13 $575,000 Active Under Contract. 49 Long Highway Little Compton, RI 02837. 3 beds, 2 full, 1 partial baths | Single Family Home 3,130 sq ft 

Definition of Active Under Contract: An offer has been accepted but the listing is still on market, with the specific contingency to be noted. Any listings in this status must state the following at the beginning of the public remarks, "Under Contract Taking Backup Offers." So basically if a house goes under contract on a Monday the soonest you’ll ever see a change is probably that Wednesday or Thursday, but in reality it will most likely be a week to ten days behind. Zillow makes money by selling your contact info to Realtors, they don’t care if their information is accurate or not so long as you click on a home you like and hand over your name, phone number, or email.

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