Quick Scoop: When a house is under contract, the seller has accepted a buyer’s offer, but the sale is not finished yet.

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What it means

The home is in the middle of the buying process, and both sides have agreed to terms in writing. It usually means the property is no longer fully available, but the deal can still change before closing.

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Why it can still fall through

Many contracts include contingencies, such as financing, inspection, or appraisal conditions. If one of those conditions is not met, the buyer may be able to back out, and the home could return to the market.

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What buyers should know

  • You may still be able to make a backup offer.
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  • “Under contract” does not mean the home is sold yet.
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  • If the listing later changes to pending, the sale is usually closer to closing.
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Simple example

If you see a house listed as under contract, think: “A buyer has it tied up, but the deal still has a few steps left.” That’s why agents sometimes still accept backup interest until the sale closes.

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TL;DR: Under contract means the seller accepted an offer, but the home is not officially sold yet and may still be able to come back on the market.

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