Status Definitions

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Status Definitions

When searching for properties we seem to always what what we can't have.  Have you heard, "That property is Pending" or "It's in Escrow"?  If you've been searching for awhile or have used another website I'm sure you have come across this.  Below we have listed each category a listing can fall under.  The first section are all the properties you can get excited about, these are the available ones.  The bottom section are all the properties that are in escrow or in other words, don't get your hopes up.  There are times these bottom listing do "fall out of escrow" and their status become one of the top categories. If you haven't done so already, SIGN UP for our listing search you'll be one of the first to know about this change.

 

Active (Available) - Search All Available Listings

Status Description

Active

A listing status of Active means the property is available for purchase and the sellers is accepting offers.  It also means that the listing status has not had a status change in the last 5 days. Search All Active Listings.

New

A listing status of New means the listing came to market in the last 5 days. After 5 days from the initial listing date, the listing status will change to Active. Search All NEW Listings for the past 5 days!!

Price Reduced

A listing status of Price Reduced means the listing had a price reduction in the last 5 days. After 5 days from the date of price decrease, the listing status will change to Active. Search All Price Reduced Listings.

Price Raised

A listing status of Price Raised means the listing had a price increase in the last 5 days. After 5 days from the date of price increase, the listing status will change to Active. Search All Price Raised Listings.

Back On Market

A listing status of Back On Market means the listing was recently in an escrow which "fell through" or was taken off of the market for a variety of reasons. After 5 days from being Back on Market, the listing status will change to Active. Search All Back on Market Listings.

Extended

A listing status of Extended means the seller has agreed to extended the listing time period the listing is offered for to allow additional time on the market. After 5 days from the date of the extension, the listing status will change to Active. Search All Extended Listings.

 

Pending (In Escrow) - Search All In Escrow Listings

Status Description

Active-Pending-Loan

A listing status of Active-Pending-Loan means the seller has accepted an offer and the property is "in escrow".  Final sale is subject to loan approval and other contingencies such as inspections, CCR review, and clear title. Search All Active Pending Loan Listings.

Active-Pending-House

A listing status of Active-Pending-House means the seller has accepted an offer and the property is "in escrow". Additionally there is a contingency, Buyer A must sell their home to purchase this home.  If the seller finds a 2nd buyer (Buyer B) then the seller must give Buyer A notice that they have 72 hours (or whatever time was agreed upon in the offer) to remove the contingency or Buyer A forfeits the property to Buyer B. Search All Active Pending House Listings.

Active-Pending-Short-Sale

A listing status of Active-Pending-Short-Sale means the seller has accepted an offer and the property is "in escrow". Additionally there is a contingency, the property is subject to the seller's lender(s) approving the contract price and terms because the seller owes more on the property than what it's being offered for. Search All Active Pending Short Sale Listings.

Active-Pending-Call

A listing status of Active-Pending-Call means the seller has accepted an offer and the property is "in escrow". Additionally there is a contingency that has not been satisfied. The "Call" status sometimes indicates an anticipated problem with the escrow and interested buyers should call their agent to find out if the property may "fall out of escrow". Search All Active Pending Call Listings.