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The Meaning of Active Under Contract Explained

Realty Biz

Before finalizing the deal, certain conditions ( like a completed property inspection) must take place. The seller has agreed to accept a contingent offer from the purchaser. During this time, the seller can still accept backup offers from other interested parties. Making an Offer on a House Under Contract.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

Home Inspection Contingency. Home inspections are one of the biggest hurdles in home sales. It is not uncommon for a home to go from being market “contingent” to “back on the market” because of some issues discovered from the home inspection. Can you Make an Offer on a Contingent Home?

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What Does Pending Mean in Real Estate?

HomeLight

You’re browsing home listings, and your eyes land on a beautiful house in your price range. Can you still make an offer? We’ll also share tips on how you can make a strong, non-contingent offer so you’re not stuck in the pending zone. It’s just what you’ve been looking for. Then you notice it’s labeled “Pending.”

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With inventory still tight, home buyers can’t afford to hesitate

Realty Biz

The reality is that as soon as a listing lands on the market, the race is on. They were finally successful after a search lasting more than five months, when they made an offer on a home within an hour of seeing it last February. Experts say virtual tour technology is helping buyers visit, and bid on homes faster than ever before.

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Win More Bidding Wars: The 3 Cs of Writing Better Offers

HomeLight

I basically explain, like the five parts on offer are price, earnest money, down payment, close date, and then there’s this miscellaneous bucket which includes a bunch of other things, you know, inspection period, appraisal contingency, repairs, personal property, rent back, etc. The offer just lands in her inbox out of the blue.

Agents 97
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How to Win a Bidding War: The 3 Cs of Writing Better Offers

HomeLight

I basically explain, like the five parts on offer are price, earnest money, down payment, close date, and then there’s this miscellaneous bucket which includes a bunch of other things, you know, inspection period, appraisal contingency, repairs, personal property, rent back, etc. The offer just lands in her inbox out of the blue.

Agents 81