What does "Under Contract" mean in real estate?
You have decided to purchase a home. Whether it is your first or tenth home, you will likely come across homes listed as 'under contract' in real estate listings. Homes under contract in real property mean that the home is either pending for sale or contingent. It could also signify that the property is active under contract', as you will see in Charlotte . These meanings can vary slightly. You've probably stumbled across a listing during your house-hunting journey that looks too good to be true. These photos are stunning. It meets all your requirements. The school district has great amenities, the neighborhood is diverse, and the address is ideal. You then look at the status, and you realize that it is "under contract." Although this is not a good feeling, it is possible to find a better home or possibly even a property that is not yet listed for sale. There will be many statuses that you may encounter depending on which listing you are searching