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Active Pending Short Sales: What Are They, And Can You Still Make an Offer?

HomeLight

You see a house you love, but the listing shows that it is an “active pending short sale.”. Can you still make an offer on the house, or are you out of luck? And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale?

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What is a Contingent House Listing?

Point2Homes

It’s certainly possible that the home could come back on the market and, by getting in touch, you might be able to jump to the front of the line. Pending listings are those in which the contingencies have been met and the legal documents just need to be finalized for the sale to close. Short Sale. Contingent Statuses.

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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. What other MLS statuses do agents use? Selling your house soon?

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