Скачать или смотреть What Does It Mean When a House Is Under Contract?

Chris at Hauseit® (https://www.hauseit.com) goes what it means when a house is under contract. What does a listing with a status of "under contract" really mean?

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You might see a real estate for sale listing marked as Pending or Under Contract or even Active Under Contract. What’s the difference? As we’ll discuss in-depth in this video, the answer actually depends quite a bit on which state the listing is in.

For example, in New York you might see Pending or In-Contract depending on which website or MLS you visit, but they all mean the same thing. In New York, these are all synonyms for the listing having a signed contract in place, without elaborating further on whether any contingencies are outstanding.

In contrast, in other states like Florida, listings that have a signed contract will differentiate between Under Contract vs Pending, with the former generally meaning the buyer still has contingencies and the latter meaning all contingencies have expired.

We explore this mystery and explain further in the following video.
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