Home for sale - under contract-backups

Find out what a back-up contract is and why you might need one. the agreement, the backup contract would kick in and take over and continue the sale under 

You can make a backup offer on a home that's under contract. However, the seller can only accept your offer if it's contingent on the current contract terminating before the sale closes. In the unlikely event the seller accepts your backup offer, you'll be unable to make an offer on another home unless it's contingent on your backup deal not closing. What does 'for sale under contract' mean in the status of a listing? This should be set up with a real estate attorney so that everything is done through an escrow company. That way you know It means the seller accepted an offer, but is willing to have a back up just in case the first one does not work out. An example may be the buyer does not get approved by their bank. 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. In order for a home to close and no longer be "under contract," all contingencies must be satisfied or waived (inspection, financing).

Sun City Real Estate. Sun City Arizona, a 55+ active adult community began with an idea to develop an entire world class community in the Southwest dedicated to a more leisurely lifestyle and unending choices of recreation for the retired, active adult.

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. In order for a home to close and no longer be "under contract," all contingencies must be satisfied or waived (inspection, financing). 120 Homes For Sale in Independence, KS. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Page 2 Zillow has 59 homes for sale in Coffeyville KS matching. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Zillow has 13,491 homes for sale in Kansas matching. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 72 Homes For Sale in Coffeyville, KS. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia.

28 Oct 2019 Difference Between Pending and Contingent Home Sales Once a contract has been executed, the listing agent has to choose a status in the When the seller is worried about the deal, they may accept taking backup offers. on the property – which means the home is selling for less than it is worth.

Sale pending. The home is under contract and all contingencies have been removed (that is, the requirements met). That puts this term at about step 7, above. Basically, a sale pending property is much closer to being sold than an under contract property. Under Contract Backups. 4. BED. 5. TOTAL BATHS. 3,465. SQFT. 3807 E Monterosa Street Phoenix, AZ 85018 RANCHO DEL MONTE UNIT 2 Subdivision. See All Results. Of Homes For Sale In Phoenix. New Homes, New Construction Foreclosures & Bank Owned REO Apartments, Multi-Family No HOA Homes For Sale Single Family Home For Sale. Active. 5. BED. 5. TOTAL BATHS. 5,300. SQFT. 8965 E Covey Trail Scottsdale, AZ 85262 DESERT MOUNTAIN Subdivision. Price Change – 2 weeks ago. Under Contract Backups. 5. BED. 6. TOTAL BATHS. 5,972. SQFT. 8624 N 64th Place Paradise Valley, AZ 85253 CAMELBACK COUNTRY ESTATES 1 LOT 1-23 25-41 A Subdivision. Active Contingent means the owner of the property has accepted a contract to sell from a buyer who needs to sell their home first. The sale of the property is contingent (dependent upon) the buyer’s house selling first. When the buyer’s home sells, they will go forward with the purchase of the property. Sun City Real Estate. Sun City Arizona, a 55+ active adult community began with an idea to develop an entire world class community in the Southwest dedicated to a more leisurely lifestyle and unending choices of recreation for the retired, active adult.

What does 'for sale under contract' mean in the status of a listing? This should be set up with a real estate attorney so that everything is done through an escrow company. That way you know

13 May 2010 of the property when we have a signed contract between a buyer and seller. When you mark a home as accepting back up offers the status of the the signing of a purchase and sale agreement, home inspections, or the  Reader question: “We are about to take the plunge and buy our first home, We' ve heard that homes are selling fast, and going under contract within days of  Should you keep looking at homes while under contract Having a backup favorite or a shortlist of other homes to consider and quickly move to can buyer asks to visit at a home other than the one they are already under contract to buy. 4 Oct 2012 When you are looking at online home listings, "active" status indicates Pending can also describe a short-sale listing that is in contract, where Internet listing sites have a couple of days' delay between the time a home is  2 Feb 2017 Shopping for your dream house can be stressful. If you've been house hunting in a hot market, your stress has most likely been compounded 

Listings 1 - 20 of 1632 $259,900 UCB (Under Contract-Backups). 48041 N Rico Way Gold Canyon, AZ 85118. 3 beds, 2 baths | Single Family Home 1,631 sq ft 

Reader question: “We are about to take the plunge and buy our first home, We' ve heard that homes are selling fast, and going under contract within days of  Should you keep looking at homes while under contract Having a backup favorite or a shortlist of other homes to consider and quickly move to can buyer asks to visit at a home other than the one they are already under contract to buy. 4 Oct 2012 When you are looking at online home listings, "active" status indicates Pending can also describe a short-sale listing that is in contract, where Internet listing sites have a couple of days' delay between the time a home is  2 Feb 2017 Shopping for your dream house can be stressful. If you've been house hunting in a hot market, your stress has most likely been compounded  It's entirely in the seller's interest to line up backups in case the deal falls through How do you make up a contract to buy a home without using a realtor?

13 Feb 2019 Even if the contract allows the seller to continue to market the property and accept offers, the house may be listed “under contract,” making it less  As an owner, you may opt to purchase the office building housing your company say "sale pending" -- this means that a piece of real estate is under contract. However, if you are still interested in the property, you can submit a back-up offer