WebJan 19, 2024 · Under contract vs. contingent vs. pending Think of under contract as an umbrella term that applies to any property listing for which a seller has accepted a formal offer from the buyer. The more precise terms contingent and pending signal the stages of progress through the terms of that contract. Contingent status WebAug 25, 2024 · Home Buying a home What does “active contingent” mean on a house for sale? Where are house prices increasing the most? A study from Porch reveals the fastest-growing markets. Tips for first-time homebuyers, from someone who just went through it Don't let the market tell you when you're ready to buy a home Get started Popular

What does “active contingent” mean on a house for sale?

WebFeb 23, 2024 · The difference between pending and contingent is that a pending home is under contract. There is an accepted offer, all contingencies have been met, and all … poli massimiliano

Pending vs. Contingent: Is The House Still For Sale, Or Not?

WebFeb 12, 2024 · Pending isn't better than contingent for a potential buyer. It means the initial buyer has cleared their contingencies, but the deal isn't closed. As a potential buyer, you're not out of the running for a house that's pending. But it's a longer shot than for a house that's designated as contingent. Better real estate agents at a better rate WebMar 8, 2024 · What does “pending” mean in real estate? A pending sale status means the seller has accepted an offer from a hopeful buyer, but the deal hasn’t closed yet. (This is different from a... WebNov 1, 2024 · Pending – short sale: When an accepted offer is a short sale, lenders or other financial institutions may have to approve the deal. A short sale is outside of the buyer’s or seller’s control. Pending – more than 4 months: This is when an accepted offer is pending for more than 4 months. poli mountain