Home for sale active under contract

When a seller ratifies a contract, the listing agent is obligated to update the status of the listing in the system from fully available ("Active") to under contract ("Contract"), contingent with a kick-out ("CNTG / KO") or contingent without a kick-out ("CNTG / NO KO"). The difference between Active Under Contract and Pending Status in Bright. 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. As long as the buyer has an accepted offer and a contract to buy, the buyer has little to worry about. Even if the seller gets a better offer, it is too late for him to void the contract he has with the buyer and take that offer, since the contract is legally binding. Getting your offer accepted on a home is half the battle in the homebuying process. A home can still be shown, even if you have a contract signed by the seller. If inspections, the appraisal and your mortgage approval go as planned, the home is as good as yours because you're under contract. This means the home is under contract and is awaiting approval from the bank. A short sale is a measure to avoid foreclosure, but the bank (or other lender) must approve each portion of the sale, which slows down the typical 30-45 day close. Zillow has 0 homes for sale in Sarasota FL matching Active Contract. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Skip main navigation

Under Contract Definition. 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.

24 Apr 2013 ACTIVE – These are properties that are offered for sale and have no accepted contract on them. ACTIVE UNDER CONTRACT – This term is for Antigo and Crandon Homes for Sale and Real Estate. Integrity Realtors (high to low). White Lake Single Family Home Active Under Contract: 505 Birch St. 11. Listings 1 - 10 of 10 Charlotte, NC Homes for Sale and Real Estate. Pineville Single Family Home Active Under Contract: 12906 Park Crescent Circle. 28.

Here it means the house is legally Recorded at the County i In many other States that recording doesn't happen for weeks or months after the sale closes. When you ask what “under contract” means, it seems you are referring to some Some also have the ability to change the status to Active with a Flag, the Flag being

Realtor.com: "For Sale - Active Under Contract." MBC: "Active Under Contract." Meantime, if you are getting MLS listings emailed to you from your agent (or a would-be suitor), you've begun to see the new status "U" replacing the old status "B," which had been for backup offer. There is a bit of a cost to the seller from going with "Active Under

8 Jan 2020 An active contingent property is under contract with another buyer, but the final sale of the home is dependent (contingent) on a specific set of

25 Apr 2019 ACTIVE UNDER CONTRACT (U) Active Under Contract is an in an On-Market status and is looking for back-up offers, or 2) the sale is subject 25 Apr 2019 An active listing means the house is on the market and available for purchase. A pending sale is one that's moving toward closing. An "under

“Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. This term is primarily used in the State of California.

19 Sep 2008 Is there anyway to buy a home that already has a pending offer? find out that the home is under contract with a pending sale to someone else. Sale Pending – The home has an active purchase and sale contract that has Listings 1 - 20 of 81 Single Family Home For Sale: 7690 N Shore Road. 31. $199,999 New Single Family Home Active Under Contract: 5600 Trinity Avenue. 19. 25 Apr 2019 ACTIVE UNDER CONTRACT (U) Active Under Contract is an in an On-Market status and is looking for back-up offers, or 2) the sale is subject 25 Apr 2019 An active listing means the house is on the market and available for purchase. A pending sale is one that's moving toward closing. An "under 4 Oct 2012 When you are looking at online home listings, "active" status indicates Pending can also describe a short-sale listing that is in contract, where Internet listing sites have a couple of days' delay between the time a home is 28 Feb 2017 What does it mean when a property is under agreement? In our MLS, a property that is for sale is ACTIVE (ACT). Standard contingencies include home and pest inspections, mortgage and (for condos) condo docs and