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What does Contigent Active and Pending really mean?
In general...
Contingent Active: The seller and buyer have a mutual agreement, however there is a contingency on this home. A lot of the time it means that the buyer has to sell a home in order to buy the one for sale.
Pending: The seller and buyer have a mutual agreement, and the home is under contract. Either they are past option period, or the buyer chose not to have an option period. Seller and buyer are most likely waiting on the status of the appraisal (if there is financing), title work, survey, repairs…
Can We Still Look at These Houses?
It depends.
Contigent Active
It is important that you have your realtor (ME!), talk with the listing agent of the property. I need to be able to find out the following
- Does that buyer have their home on the market?
- Does that buyer have their home under contract?
- Has the subject home already been appraised?
- Has the buyers' home already apprasied?
- Do they have a firm closing date on BOTH properties, and
- Is the home going to close and fund?
Also, if YOU need to sell YOUR home in order to purchae a new home, we need to have that conversation as soon as possible.
Depending on the answers to those questions, we will either be able to look at the home, or not look at the home.
But, utimately, you have to remember, the SELLER has to agree to have the home shown.
Pending
Again, it is important to have your realtor (ME!), ask the listing agent questions.
We need to know how the contract is going first, AND the SELLER has to give permission for us to view the home.
Kelly Raulston
“Reliable and Ready” REALTOR® since 2016. I was born in Monroeville, Pennsylvania, but was raised in Texas since 1997. When I found out we were moving to Plano, Texas, I remember looking forward to riding a horse to school and a brand-new pair of cowboy boots! Growing up in Plano prepared me to be competitive, quick, and to have a strong work ethic.
I graduated from Stephen F. Austin State University in Nacogdoches, Texas. Axe’em Jacks! That is where my love for East Texas began. The nature, warm smiles, football games, and community values can't be beat! I graduated summa cum laude with a degree in Interdisciplinary Studies. I was a middle school math teacher in Tyler, Texas. I met my husband, Travis, in Sunday school, and we have been married since September 2016.
I love being a REALTOR® in East Texas! Relationships are genuine, the area is beautiful, and the market is rockin’! I am an involved REALTOR® to better the community. Some of the organizations I am involved with are: The Professional Development Committee, Texas Real Estate Political Action Committee, and Tyler Educational Networking Group. Some awards I have won were “The Hustle Award” in 2016, and “Rookie of the Year” in 2017.
When I am not working with my clients, I like to spend quality time with my friends and family doing the following: running, target practice, read and participate in book club, and playing with my dachshund Greta.
