Can a seller accept another offer while contingent?

Does sold mean closed on a house?

Question: What is the difference between "sold" and "closed"? ANSWER: Real Estate is not considered to be "Sold" until the actual transfer of the property has taken place and consideration has been paid. Once that has taken place, the property is "Closed" and belongs to the new owner.21 Aug 2015

What does it mean when a house is sold where is?

“Where is-As is” is a real estate term whereby the property is being sold in its present condition.18 Jan 2020

Whats the difference between sold and closed?

It lies in a very simple difference between “sales” and “closing.” Sales is getting to the point where they want to buy and closing is when they actually buy the product. Sales leads into the close. To close is to succeed.

Does Realtor CA show sold prices?

No. REALTOR.ca is a listing advertising website. It does not display either historical or sold data.

Does Zillow show sold prices?

As soon as Zillow receives sales data for your home, it will appear in the Price/Tax History section of the property page.12 Jan 2021

Why does my house say sold on Zillow?

Sold means the closing has already happened. Pending means it's under contract but not yet closed. All those web sites get their information when the listing agent enters it in the propriety multiple listing system. The agents only enter that data after closing.

Does listing removed mean sold?

It means that the seller has decided to wait to sell the house or has changed their mind about selling. Listing removed does not mean a house was sold.

Can you put an offer on a house that is contingent?

Can You Still Make An Offer On A House That Is Contingent? To be clear, you can make an offer at any stage of the home buying process. Until the house is listed as “sold,” you are able to put an offer in on a contingent home.14 Jan 2021

What is difference between pending and contingent?

A property listed as contingent means the seller has accepted an offer, but they've chosen to keep the listing active in case certain contingencies aren't met by the prospective buyer. If a property is pending, the provisions on a contingent property were successfully met and the sale is being processed.20 Dec 2021

Is contingent good or bad?

Contingent With No Kick-Out This is good for the current buyer, because they can't be “kicked out” unless they don't meet their contingencies. Not so good for the seller if they are interested in moving on to another offer and not good for anyone bringing that second offer to the table.14 Jan 2021

Can a seller accept another offer while contingent?

Contingent With No Kick-Out This means the seller cannot accept another buyer's offer unless certain requirements are not satisfied with the current accepted offer. This is good for the current buyer, because they can't be “kicked out” unless they don't meet their contingencies.14 Jan 2021

What house has been sold the most times?

NAME Year - ------------------------------------ ---- 1 Pollock's Path Estate 2017 2 La Belle Eqoque Penthouse 2010 3 Chateau Louis XIV - Palatial Chateau 2015 4 Gough Hill Road Estate 2016

Who is the richest real estate agent in the world?

- Sam Zell. Net Worth: $4.8 billion. - Stephen Ross. Net Worth: $7.6 billion. - Sun Hongbin. Net Worth: $9.2 billion. - Donald Bren. Net Worth: $17 billion. - David & Simon Reuben. Net Worth: $16 - $18 billion.

Related Posts:

  1. Can you put an offer on a house that is contingent?
  2. PDF Real Estate Purchase Contract for Land in Utah is a PDF document.
  3. The average net worth by age for the upper middle class is the same as the top 1%.
  4. The listings are expired.