http://www.austinrealestatehomesblog.com/buy-home-austin/what-does-backup-or-contingent-listing-mean-in-austin-mls/ WebA backup offer will try to trump the first place offer during the days and weeks when the first buyer inspects, appraises and investigates. No more contingencies = ‘sale pending’ A deal that’s truly pending is one in which …
Accepting Backup Offers Guide (2024) PropertyClub
WebAug 22, 2024 · Pending: Taking Backups. When a home is listed as “Pending: Taking Backups,” the seller is interested in backup offers just in case their current contract falls … sandy wallaert instagram
What is Contingent vs. Pending - Redfin
Pending: Taking Backups. The Pending: Taking Backups status indicates that although the real estate listing is pending, the seller is still showing the house and accepting backup offers. Pending Short Sale. Like the Short-Sale Contingent status, Pending Short Sale means the property is going through the short … See more If an active listing is marked as Contingent: Continue to Show, or CCS, multiple contingencies may need to be satisfied. In this case, the seller and their agent have decided to continue to show the property and may … See more In a Contingent: No Show scenario, the seller has decided to no longer show the property or accept other offers. This status likely means … See more A short saleis when the seller (usually a bank or other mortgage lender) has indicated they’ll accept less money than is owed on the mortgage. The short-sale process can often take months to complete. A Short … See more If the contingent status has a kick-out clause, it means there’s a deadline to fulfill all contingencies. Without a kick-out clause, there’s no set deadline in place. In other words, the seller can take their time meeting all the … See more WebJul 20, 2024 · First, you’ll submit an offer on a home. If your offer is rejected, either because the seller was already considering another offer or because your offer was outbid, you can ask to submit a backup offer. Your realtor will then approach the seller with the offer, which can be accepted or rejected. Sellers are more likely to accept a good ... WebApr 20, 2024 · (A home could be marked “pending – taking backups,” indicating that the seller is still showing the house and accepting backup offers.) ... Contingent vs. pending: Though some use the words interchangeably, the two statuses are different. A contingent deal may have a long way to go, as buyers firm up financing, await an appraisal, or sell ... shortcut keys for windows 11 pdf