what does under contract mean

With so many people searching for homes online it can be confusing when you see the same home listed on multiple sites but they show a different status.

This is why one of the most common questions people ask is...

...is this home still available?

In real estate, some of the terminology can be used interchangeably which can just add to the confusion. One real estate website may have the home listed as contingent and then another may have it listed as pending.

Leaving home shoppers wondering - what is the difference between pending and contingent?

But first, lets look at when a home is first listed and the status of the home is 'Active'.

What does Active Status mean?

When a homeowner decides to sell their home and they list…

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