What Does Under Contract Mean In Real Estate. What Does Active Under Contract Mean? Simple Real Estate Guide That may mean the buyer must secure financing, the home inspection still needs to be completed to confirm the property is free of serious defects, or other conditions that still need to be met in order for the sale to be finalized What does 'under contract' mean when buying a home? When you find a home listing marked as "under contract," it indicates that the seller has accepted an offer from a buyer, but the sale is not yet final
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Understanding 'Under Contract' What Does Under Contract Mean in Real Estate? In real estate, when a property is described as "under contract," it means the seller has accepted an offer from a buyer, and both parties have signed a contract outlining the terms of the sale.However, the sale isn't final yet.Certain conditions or contingencies, such as financing approval or a satisfactory. The status of a property can change quickly, especially in active markets
What Does Real Estate Under Contract Mean?
An escrow company, real estate title company, or the seller's real estate agency holds the buyer's money until the deal is closed and the home officially changes hands The basics of 'under contract' When a real estate listing is "under contract," there are still contingencies attached to that offer that must be cleared before closing, says Kelley Ramirez, a real. That may mean the buyer must secure financing, the home inspection still needs to be completed to confirm the property is free of serious defects, or other conditions that still need to be met in order for the sale to be finalized
What Does “Under Contract” Mean in Real Estate? Lamudi. A home is under contract when a buyer has made an offer on a home and the seller has accepted, but the sale has not closed Lastly, "active under contract" means the property is under contract, but the seller is still open to backup offers.
What Does Under Contract Mean A Real Estate Decoder. The status of a property can change quickly, especially in active markets The basics of 'under contract' When a real estate listing is "under contract," there are still contingencies attached to that offer that must be cleared before closing, says Kelley Ramirez, a real.