Home Buying in 07083>Question Details

Mike Viola, Home Buyer in Jersey City, NJ

I bought a house in Union City in May 2012. It is currently undergoing attorney review before I pay the full amount. I am paying cash.

Asked by Mike Viola, Jersey City, NJ Mon Aug 27, 2012

Why do I still see it listed everywhere? On Trulia and every real estate site selling in NJ. How can I get it removed and why hasn't Trulia removed it if they say they are on top of sales information?

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Mike,

During the attorney review period, the property is not officially "under contract". During this period, anything can happen. You can decide to back out for no reason at all. The Seller can accept another offer and cancel your contract. Once attorney review has been completed, then the contract is binding and the listing agent will mark it as "Under Contract" in the MLS.

Please note that Trulia and the other real estate web sites do not always have the most up-to-date information, and still may show the property as available, even after it is under contract. Do not worry about this as the only thing that matters is when it gets out of attorney review, no matter what it says on a website.

Good luck!
0 votes Thank Flag Link Tue Aug 28, 2012
Congrads on your purchase

1. The listing agent needs to indicate on the MLS that it is under contract.
This will not remove from all websites but will let people know that it is under contract on most sites.

2. Don't worry about it. If you are under contract no one can get in another offer legally

3. There are some homes listed on these site that were never for sale. If you miss a couple of mortgage payments expects it to get posted all over the internet as a possible foreclosure.
0 votes Thank Flag Link Tue Aug 28, 2012
Trulia and other real estate web sites list every property they can find, regardless whether the property is for sale. That may explain why you see the property on Trulia and elsewhere.

Another reason you see the property online is that the listing broker has maintained the property in "active" status. Trulia reports properties that are active for sale.

Your property never stop appearing on real estate web sites. Paying for the property and getting the deed in your name will not remove the property from the real estate information machine we have in this country.
0 votes Thank Flag Link Mon Aug 27, 2012
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