I know I have answered questions from you before and I don't want to be rude but, don't you have a Realtor? Your Realtor should be answering these questions for you and if their not, then fire them. I will be more than happy to help you find a suitable property and answer any questions you might have. I'm a Tampa Bay area Realtor with 25 years of experience in the real estate business. Call or email me.
Randy Baumgartner, Realtor
Tampa Suncoast Realty
Active with Contract, or Active With Contingencies, (AWC) could mean that an offer was accepted, and there is a contract. The contract may have various contingencies to be fulfilled before the transaction closes. The contingencies may be - Home Inspection contingency, appraisal contingency, financing contingency, sale of Buyer's home contingency, etc... After all those contingencies are removed, the transaction could close. However, if any of them cannot be removed, the Buyer may back-out of the contract.
If you submit an offer on a home under contract, you will be in a back-up position, and the Sellers will probably contact you, if their contract falls through.
If you really, really want the house and are very patient; you could wait for it.
Caution, the odds are against you, and it may take a while.
Have your Realtor find out the reasons and conditions.
Good luck and may God bless