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Oct 6, 2022 · When a real estate listing says “under contract,” it means a buyer made an offer and the seller accepted. But you might still have a chance.
When a home is active 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 it has sold.
Jul 1, 2024 · A listing marked under contract means a seller has accepted a buyer’s offer, but the deal hasn’t closed yet. Sometimes, you’ll see “contingent” or “active-contingent” listed instead of under contract, depending on the statuses used by that particular area’s MLS.
Mar 11, 2024 · “Under contract” in real estate means that a seller accepts an offer from a buyer to purchase their home. However, the home isn’t considered sold until all of the contingencies (if any) on the property are met. Let’s explore more of the specifics around what it means when a house is under contract. What Does It Mean When A House Is Under Contract?
In real estate, a home is under contract when a buyer and seller have signed and dated a legal document to purchase a home. The written agreement provides details about both parties and the property being purchased, along with a breakdown of the price and costs involved in the transaction.
Dec 30, 2023 · When you find a home listing marked as “under contract,” it indicates that the seller has accepted an offer from a buyer, but the sale is not yet final. While under contract, there are typically contingencies in the buyer’s offer that need to be resolved before the sale moves forward.
Jul 23, 2021 · We’ll provide insight into what the differences between under contract, pending, and contingent are, what it means for a home for sale to be in these stages, and more key details about the home buying process.
What ‘under contract’ means for you buying a house. When you see a listing marked as “under contract,” it means the seller has accepted an offer, but there are still contingencies to clear before the deal can close. Contingencies are conditions added to a real estate contract.
Jan 3, 2024 · What does 'under contract' mean on home listings? This guide offers clear expert insights for homebuyers on contingencies and purchase offers.
Mar 8, 2023 · In simple terms, a property listed as “under contract” is usually where a buyer has made an offer to the seller, and the seller has accepted the offer. Still, the contract has contingencies that must be met before closing the sale.
