What does contracted mean on realtor com?
What is a contracted sale?
What does it mean when a house is under contract but still showing?
What happens next after contracts are signed?
Can you make an offer on a house that is active under contract?
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What is the difference between contingent and under contract?
Frequently Asked Questions
Can a seller accept other offers while under contract?
Is it better to be contingent or pending?
Can a seller accept another offer while contingent?
- What does a home for sale contingent mean
- A property listed as contingent means the seller has accepted an offer, but they've chosen to keep the listing active in case certain contingencies aren't met
- Does under contract mean a house is sold?
- A property that's under contract is one that the seller has previously accepted an offer on from a buyer. However, until all contingencies on the home are met and ownership transfers to the new homeowner during the closing process, the deal can still fall through.
- What not to do while under contract for a house?
- Here are some things to avoid in the run-up to the big day:
- Don't Mess with Your Income-to-Debt Ratio. The ratio of your monthly income to your monthly debts is one of the main factors the lender considered when qualifying you.
- Don't disappear.
- Don't change jobs.
- Don't open new credit cards.
- Don't be late.
What does it mean when house for sale is under contract
|What does it mean when Zillow says under contract?||'Under Contract' is probably the most accurate way to describe a pending or 'contingent' sale. It means the same as the other statuses above; a buyer and seller have agreed to terms and have executed a contract. But, the contract has yet to go to closing.|
|What's the difference between pending and under contract?||Under contract comes right after a buyer's offer is accepted, while pending sale is the last stage before finalizing a deal. While contracts can fall through during either stage, its occurrence is far more likely when a deal is under contract.|
- Is under contract the same as contingent?
- Once your home is under contract, but some contingencies need to be met, your property is considered contingent. A contingent contract means that some condition hasn't yet been met, and both parties have not agreed to move forward with executing the deal as planned.
- What is difference between pending and under contract?
- Key Takeaways. “Under contract” means the seller has accepted an offer, but there are still conditions to clear before closing. “Active under contract” means the seller is welcoming backup offers. “Pending” means the home is under contract, and all conditions have been met for the deal to close.