Question: What Does Under Contract Continue To Show Mean?

Can you make an offer on a house that is active under contract?

You can still make an offer on a property that is under contract, and if it is accepted and the first deal falls through for some reason, you will be in position to purchase..

What does under contract pending continue to show mean?

Pending Continue to Show means that is under contract but the seller is still allowing showings for back-up. And lastly “Pending” means that property is under pending contract, generally just waiting for closing.

Can you lose a house under contract?

When the seller and buyer don’t agree on amendments, the pending sale can be canceled. If the seller agrees to repairs and fails to make them on time, the contract can also be terminated. Note: A mortgage lender’s appraisal can also request minor home repairs before closing.

Can a realtor show a house that is pending?

Realtors can continue to show a house that is pending. As I mentioned above, a pending sale is not final and therefore sellers may be interested in courting back up offers. If this is the case sellers will allow the Realtor or real estate agent to continue to show the property during closing.

What does active offer show mean?

does not have an accepted offer”Active” means the property does not have an accepted offer. “Offer-show” means the property has an accepted offer, but the seller is still allowing showings until all of the contingencies in the offer to purchase have been cleared.

What does continue showing mean?

Active Continue to Show: If a listing says “Active Continue to Show”, it means the Seller has accepted an offer on their property. It also says that the Seller will continue to show it for backup offers. Most agents keep a listing in this status until the Buyer has removed most of their contingencies (ie.

How long can house be under contract?

The most common time period for settlements in different states is 60 days, except in New South Wales where it is 42 days.

Can a house under contract fall through?

When a house is “under contract”, It is important to understand that the sale of the house is not yet completed. The contract could fall through anytime during what is called the “cooling-off period” or if the conditions stated in the contract have not been met.

Why would a house say pending continue to show?

Pending continue to show means that the seller is moving forward with the current buyer in good faith. However, the property will continue to show through the listing agent. If the status of the negotiation goes to pending, then the deal will likely go through to the tune of 90 percent.