Active - Active With Contract - Pending - Confused?
NH Lake Homes for Sale - Lake Winnipesaukee Real Estate
Question: I keep seeing some listings online that say Active with Contract or Pending. What does this mean? Is it available or not?
When you are searching for a home online you may notice some homes say “Active” while others say “Active with Contract” or “Pending”. What is the difference?
Active – Home is actively available on the market and does not currently have a contract on it. The seller in this case may have received offers but they have not been accepted. Don’t linger go see a listing that is active before it goes active with contract or pending.
Active with Contract – There is an accepted contract on the property and that may have contingencies. The contingencies may include financing or inspections. With a short summer lake home selling season sellers may want to continue showing their home in case one of the contingencies falls through and the buyer is forced to back out. A buyer if interested in a home that is active with contract may want to put in a back-up offer in hopes they can move into the #1 position if the home becomes available.
Pending – This means the home is under contract and the seller is not currently seeking to continue marketing the home. Most contingencies have been removed once a listing goes pending.
New Hampshire has hundreds of quality lakes to choose from. Many focus on real estate on our larger lake such as Winnipesaukee. Many others would prefer to own a home on one of the quieter lakes such as Waukewan or Merrymeeting. Contact us and we can assist you in your search. www.nhlakesrealty.com
Call Lady of the Lake Realty at 1-888-737-5550 or e-mail at email@example.com or text 603-566-6608 #nhlakesrealty for more information