Web28 Nov 2024 · “ Under Contract” Vs. “Pending”: What’s The Difference? In addition to “under contract” and “active under contract,” you may also see some houses listed as “sale pending.” Understanding the difference between the terms can be tricky since some real estate markets or listing services may use them interchangeably. WebWhen your real estate listing goes from “active” to “pending,” it means you’ve accepted an offer, but the sale hasn’t closed yet. (You’ll also hear real estate agents use the phrase “under contract” for this post-offer, pre-close time period, too).

What Does Contingent Mean on Zillow?

WebIn the comparison “ under contract vs pending “, the former is the stage in which the seller has accepted a buyer’s offer for the house, while the latter means the deal is at its final stage. When browsing listings you often come across … Web19 Jan 2024 · Depending on the market, a home under contract may or may not still have contingencies attached. To make matters more confusing, an under contract status on Zillow might not even match the status that appears on the original MLS listing. In some cases, listing platforms like Zillow override the statuses supplied by various MLSs. holchem tribac sds

Why Do Pending Home Sales Fall Through? Zillow

WebAn escrow account is usually opened at this time and a deposit is typically made by the buyer. Pending, on the other hand, means that the transaction is in the process of being completed and all that’s left is the final paperwork. In most cases, a home will be pending for a few days before it closes and officially changes hands. Web1 Apr 2024 · Sale pending (or “offer pending”) simply means that a buyer has submitted an offer and the seller has accepted it. In other words, this isn’t the sort of situation where you can simply opt to outbid all the other buyers – it’s already past that point. There is one caveat: some sellers will list a home as “pending” for other ... Web“Under Contract” vs “Pending”? There is a house that my partner & I fell inlove with that went on the market 15 days ago & we saw it a day or two after it was listed. We got outbid on it an insane amount for the size the property is & it was heartbreaking. Its status went to “Pending Sale” but the actual listing still says “Under Contract”. holchem tribac msds