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This status is often seen on short sales, but occasionally you'll see it on non-distressed properties as well. The reason "AWC" - or Active with Contract - was created was to allow Realtors to continue marketing homes that were under contract already but have contingencies. Contingencies are things like "bank must approve the sale" or "financing" or "inspections" - things which must be completed or overcome in order for the sale to close.
Wiki User
∙ 11y ago
Wiki User
∙ 13y agoIt means the property can still be shown and offers submitted. The offer that is currently on the property may have contingencies.
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Who excutes a Texas real estate contract?
A real estate contract may be executed by the buyer and seller; trustee; attorney; builder/contractor. Any party to a real estate contract may execute a real estate contract.
How many days to cancel a listing with a real estate broker?
Read your contract.Read your contract.Read your contract.Read your contract.
Can a real estate brokers commission rate vary?
Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.
What is the impact of information technology on real estate?
In simple words the impact of technology has made the real estate business florish. the real estate business has grown to extreme lenths with the new technology. the buying and sellig process of properties have made it easier and more convenient! being an active real estate investor i will tell you the new technology has really made it much better!
What is the purpose of having open houses in real estate?
The purpose in having an open house in selling real estate is to show a home to see if high volume buyers would like to purchase and own a home under contract.
What does an active release clause mean when buying real estate?
An active release clause is a part of the contract between the Buyer and Seller allowing for the termination of the contract based on the specific terms detailed as part of the contract.
Who excutes a Texas real estate contract?
A real estate contract may be executed by the buyer and seller; trustee; attorney; builder/contractor. Any party to a real estate contract may execute a real estate contract.
When a condo is off the market in real estate language what does this mean?
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
How do you cancel contract with real estate agent?
Prove that the Real Estate Agent has not completed his/her duties afforded to you in said contract.
What would be a real estate example of discharge from contract by agreement?
If both parties agree that they do not want to pursue the contract for the purchase and sale of real estate they can mutually agree to void the contract.
Is a Florida real estate contract null and void if the seller dies?
Generally, if an offer was accepted and signed the decedent's real estate is subject to the contract and the estate representative can complete the sale once they have been appointed.
What does contract pending mean realestate?
In real estate, "contract pending" means that an offer to purchase has been made and tentatively accepted. The contract is in the process of being finalized and signed by both parties.
Will a real estate contract be vaild if the owner dies before closing in Georgia?
The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.The contract will be valid. Generally, the death of the seller will delay the closing until a probate procedure is filed and the court allows the sale of the real estate by the estate representative.
What does the real estate standard contract default rate mean?
The real estate default rate is the rate of borrowers that fail to remain current on their loans. When a homeowner is in default, their house may be in danger of being foreclosed on.
When is a contract for real estate considered executed?
Upon both the buyer and the seller signing the contract.
Where can i find a Real-estate contract termination and mutual release form?
Where can I find a termination of real estate and earnest money form
Are you under contract in real estate with no document?
If the parties haven't executed a contract signed by both parties then you are not "under contract".
