You should go to the IRS web site for details. If it is new construction make sure the weather is not holding up construction. Sumner has given you good advice regarding allowing plenty of time.... more
This means that an offer was accepted on a home, but the seller still has an opportunity to market their home for sale to other prospective buyers. "Show" status, under the CT MLS system, is the first stage of being on deposit. A seller has accepted an offer, but the offer is contingent on a number of factors including: home inspection, financing contingencies, attorney approval & the buyer putting forth all deposit money. Until these contingencies are met, the seller's agent will continue to market the home. Homes on "Show" Status are still featured in internet advertising, and many agents still allow prospective buyers to preview the home.
When a home goes on "DEPOS" on "ON DEPOSIT" status, then the home is no longer marketed to buyers.
If you have any other questions, you can reach me directly at Scott@CTProperty.com or on my mobile at 203-815-9118. I'm a Realtor on the shoreline and have helped many buy and sell homes.
Page Taft Real Estate