In real estate what does active option mean
One of the more confusing changes recently to local online real estate is a new term: "Active Under Contract." Properties can display in any of four official statuses. The first 3 are easy enough: • "Sold" and "Active" are self-explanatory. • "Pending" is a term that might take some getting used to, but it's an oldie. Broadly, a real estate option is a specially designed contract provision between a buyer and a seller. The seller offers the buyer the option to buy a property by a specified period of time at a "Active Option Contract" means that the seller has accepted an offer from a purchaser, but the contract is still in the options period, during which the potential purchaser is allowed to have an inspection of the property. “Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. Broadly, a real estate option is a specially designed contract provision between a buyer and a seller. The seller offers the buyer the option to buy a property by a specified period of time at a Active is the only status indicting that the property is available. Option Pending means the buyer has purchased the right to terminate the contract for any reason during this period. Some agents list it as pending during the entire contract period including
Active is the only status indicting that the property is available. Option Pending means the buyer has purchased the right to terminate the contract for any reason during this period. Some agents list it as pending during the entire contract period including
31 Oct 2018 In Texas, once the seller accepts an offer, the buyer will have the option of paying for a small window of time to do their due diligence and have The real estate definition of an Active Option Contract: Active Option usually means there's an accepted contract on a property that is subject to a buyer's 12 Aug 2019 But what does active option contract mean and should you be concerned? The Real Estate Glossary at Redfin defines an “active option An active option contract means a home seller has accepted an offer to sell their home but the contract is in the option period. During the active option contract, What is AO or Active Option status in San Antonio, Texas real estate and home If a contract on a home does fall through during the option period it will come All homes that are "active option" are under contract. "Pending" is, and that means the option period has expired but closing has yet to 13 Apr 2016 listing went from pending to active. what does this mean? OP or Option Pending Status is for homes that are under contract and the buyer is in This is why it's important to work with a Realtor who can explain home buying
“Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed.
Real estate assignment contracts can lead to easy money This means that you' re no longer involved in the transaction at all after the assignment You'll also begin to build and maintain an active investor buyer list for your customer pool.
Real Estate Glossary. What does it mean when a home is "Active Option Contract" on Redfin.com? Definition of Active Option Contract "Active Option Contract" means a seller has accepted an offer to sell a home, but the transaction is in the inspection or "option" period. During this negotiated time period, the buyer usually inspects and
"Active Contingent" means the house is still technically available, but its sale may be pending a buyer's financing approval. "Active Option Contract" means that the seller has accepted an offer from a purchaser, but the contract is still in the options period, during which the potential purchaser is allowed to have an inspection of the property. “Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. What does "contingent" mean, and is the real estate still up for grabs? Does "active" paired with "contingent" mean that the property can still be yours, if you make the right offer to a seller?
Broadly, a real estate option is a specially designed contract provision between a buyer and a seller. The seller offers the buyer the option to buy a property by a specified period of time at a
Common real estate listing terms: Active. This means that a property is currently on the market and available for sale. It may have received offers, but none have yet been accepted, which means
“Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. What does "contingent" mean, and is the real estate still up for grabs? Does "active" paired with "contingent" mean that the property can still be yours, if you make the right offer to a seller? Common real estate listing terms: Active. This means that a property is currently on the market and available for sale. It may have received offers, but none have yet been accepted, which means One of the more confusing changes recently to local online real estate is a new term: "Active Under Contract." Properties can display in any of four official statuses. The first 3 are easy enough: • "Sold" and "Active" are self-explanatory. • "Pending" is a term that might take some getting used to, but it's an oldie. Broadly, a real estate option is a specially designed contract provision between a buyer and a seller. The seller offers the buyer the option to buy a property by a specified period of time at a