In real estate what does active contingent mean
23 Sep 2009 My advice is to always work with a realtor who has access to the most up-to-date listing information, so you are never in a situation where you 12 Jan 2017 "Sold" and "Active" are self-explanatory. By now you know that means "it's in escrow, it's not available, it's probably going to close, so move on to This is supposed to be better than "contingent" and "backup offer?" Interestingly, every real estate website is treating this recent change a little bit differently. 22 Oct 2015 Essentially, a contingency allows a buyer to continue investigating and getting This might mean scheduling an inspection or securing loan funds. In fact, some are so standard that a real estate agent's contract has them 26 Jul 2017 There are many real estate sites to chose from: Zillow, Trulia (owned by Zillow), The listing may be either “active-contingent,” “contingent,” “under These terms mean that the homeowner has accepted an offer by a buyer, If a home's status is "active contingent" it means that the buyer has submitted an offer with contingencies, or issues that must be resolved before the sale can be finalized. The most common contingencies are the home passing an inspection, the buyer getting approved for a mortgage, and the buyer being able to sell his old home. One question that consumers ask real estate agents is, “what does active contingent mean?” This means the seller of the home has received an offer from a potential buyer. However, there are certain contingencies that need to be met before the sale can be finalized. Definition of Active Contingent. When a home is listed as "Active Contingent" or "Active with Contingencies," it means the seller has accepted an offer from a buyer and a Purchase and Sale Agreement exists, but that certain conditions (or contingencies) must be satisfied before the sale can be finalized.
17 Feb 2017 So what do those mean, exactly, and do you still have a chance with the house it helps to understand the steps of your standard real estate transaction. Both buyer and seller sign a contract, which is typically contingent on
22 Oct 2015 Essentially, a contingency allows a buyer to continue investigating and getting This might mean scheduling an inspection or securing loan funds. In fact, some are so standard that a real estate agent's contract has them 26 Jul 2017 There are many real estate sites to chose from: Zillow, Trulia (owned by Zillow), The listing may be either “active-contingent,” “contingent,” “under These terms mean that the homeowner has accepted an offer by a buyer, If a home's status is "active contingent" it means that the buyer has submitted an offer with contingencies, or issues that must be resolved before the sale can be finalized. The most common contingencies are the home passing an inspection, the buyer getting approved for a mortgage, and the buyer being able to sell his old home. One question that consumers ask real estate agents is, “what does active contingent mean?” This means the seller of the home has received an offer from a potential buyer. However, there are certain contingencies that need to be met before the sale can be finalized. Definition of Active Contingent. When a home is listed as "Active Contingent" or "Active with Contingencies," it means the seller has accepted an offer from a buyer and a Purchase and Sale Agreement exists, but that certain conditions (or contingencies) must be satisfied before the sale can be finalized.
In a real estate transaction there are two parties: the seller and the buyer. Line 1 the buyer can't get the financing described in the financing contingency, the buyer to mean that a party, not the party's recipient for delivery, if any, has the active listing, pend ing sales, seller concessions and assistance, and other informa
9 Nov 2014 For real estate, the status of a property is informative and can tell you a lot about They include Active, App Reg, Cntg/KO, Cntg/NOKO, Contract, has a home sale contingency, meaning that this particular buyer can't (or 19 Sep 2008 You call your real estate agent to find out that the home is under contract with Contingent Sale – The home has an active purchase and sale 17 Feb 2017 So what do those mean, exactly, and do you still have a chance with the house it helps to understand the steps of your standard real estate transaction. Both buyer and seller sign a contract, which is typically contingent on 12 Jul 2018 Contingent (or Active under Contract) - The seller has accepted an offer even if they are available in the MLS® System or on a real estate In a real estate transaction there are two parties: the seller and the buyer. Line 1 the buyer can't get the financing described in the financing contingency, the buyer to mean that a party, not the party's recipient for delivery, if any, has the active listing, pend ing sales, seller concessions and assistance, and other informa 9 May 2019 These definitions are meant to create a high-level understanding across As a real estate community we all benefit from accurate data, which For properties that have an accepted contract with a contingency that may allow
One question that consumers ask real estate agents is, “what does active contingent mean?” This means the seller of the home has received an offer from a potential buyer. However, there are certain contingencies that need to be met before the sale can be finalized.
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 criteria that must be met. If the property falls short of those expectations, the buyer is able to rescind their offer. If a home's status is "active contingent" it means that the buyer has submitted an offer with contingencies, or issues that must be resolved before the sale can be finalized. The most common contingencies are the home passing an inspection, the buyer getting approved for a mortgage, and the buyer being able to sell his old home. Active Contingent means you can put in an offer – the home is available. There’s a pretty simple Texas Real Estate Commission form that governs contingent purchases, and I’ll go through it briefly here. What does active contingent mean in real estate? It shows the purchaser is motivated to buy and is interested in the property, and all the needed logistics related to the transaction are in place, where the logistics and paperwork can help to close the deal. Active means that the property is still being shown and the seller is still entertaining offers. Contingent means that an offer has been accepted but there are one or more contingencies that have not been satisfied. They could be a due diligence or inspection contingency, a finance, An active contingent property is a property where the owners have accepted an offer on the property, but the buyers must sell another property before closing on the sale of the subject property. In Texas, there is a promulgated contingency form that outlines the terms of this agreement. An active or contingent real estate listing means the house has not changed title yet. Brand X Pictures/Brand X Pictures/Getty Images
If a home's status is "active contingent" it means that the buyer has submitted an offer with contingencies, or issues that must be resolved before the sale can be finalized. The most common contingencies are the home passing an inspection, the buyer getting approved for a mortgage, and the buyer being able to sell his old home.
26 Jul 2017 There are many real estate sites to chose from: Zillow, Trulia (owned by Zillow), The listing may be either “active-contingent,” “contingent,” “under These terms mean that the homeowner has accepted an offer by a buyer, If a home's status is "active contingent" it means that the buyer has submitted an offer with contingencies, or issues that must be resolved before the sale can be finalized. The most common contingencies are the home passing an inspection, the buyer getting approved for a mortgage, and the buyer being able to sell his old home. One question that consumers ask real estate agents is, “what does active contingent mean?” This means the seller of the home has received an offer from a potential buyer. However, there are certain contingencies that need to be met before the sale can be finalized. Definition of Active Contingent. When a home is listed as "Active Contingent" or "Active with Contingencies," it means the seller has accepted an offer from a buyer and a Purchase and Sale Agreement exists, but that certain conditions (or contingencies) must be satisfied before the sale can be finalized. What does active contingent mean? Active contingent means the same thing as contingent. Technically, a contingent offer is still an active listing as the chances of it falling out of contract are much higher compared to a transaction that is pending. Most listings that are in contingent status will look at backup offers.
What does active contingent mean? Active contingent means the same thing as contingent. Technically, a contingent offer is still an active listing as the chances of it falling out of contract are much higher compared to a transaction that is pending. Most listings that are in contingent status will look at backup offers. 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 criteria that must be met. If the property falls short of those expectations, the buyer is able to rescind their offer. If a home's status is "active contingent" it means that the buyer has submitted an offer with contingencies, or issues that must be resolved before the sale can be finalized. The most common contingencies are the home passing an inspection, the buyer getting approved for a mortgage, and the buyer being able to sell his old home. Active Contingent means you can put in an offer – the home is available. There’s a pretty simple Texas Real Estate Commission form that governs contingent purchases, and I’ll go through it briefly here. What does active contingent mean in real estate? It shows the purchaser is motivated to buy and is interested in the property, and all the needed logistics related to the transaction are in place, where the logistics and paperwork can help to close the deal. Active means that the property is still being shown and the seller is still entertaining offers. Contingent means that an offer has been accepted but there are one or more contingencies that have not been satisfied. They could be a due diligence or inspection contingency, a finance,