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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.
6 days ago · 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.
Apr 25, 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.
Jun 19, 2024 · When a home is under contract, it means there’s an agreement that both parties have reached regarding the sale of a home.
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.
Jul 29, 2022 · 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.
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).
Jan 3, 2024 · What does 'under contract' mean on home listings? This guide offers clear expert insights for homebuyers on contingencies and purchase offers.
