Home Buying in 53218>Question Details

Kangnnou, Home Buyer in 53218

what does active w/o means?

Asked by Kangnnou, 53218 Wed Apr 25, 2012

Help the community by answering this question:


Nina Kraus’ answer
It means that there is an accepted offer on the property, but all the contingencies such as the home inspection, financing, etc have not yet been met.

If you have any other questions, feel free to contact me at 414-207-3953

Nina Kraus
Coldwell Banker Residential Brokerage
Web Reference: http://www.kraushouses.com
0 votes Thank Flag Link Thu Apr 26, 2012
It means the seller's have accepted an offer and they haven't " closed" on the transaction yet. Some properties will stay at this status until the day of closing. Some agents change the status to pending after the home inspection is completed and the buyer's financing comes thru- which takes it off most websites. This way the property is still shown to the public, you can inquire further regarding the status if you'd like.
For further info contact me at movewithapril@gmail.com or call or text to 414-617-6728
0 votes Thank Flag Link Thu Apr 26, 2012
It means active with offer, the property is still listed but it has an accepted offer, it is under contract and no longer available unless the current contract is broken, which can happen because of a buyer's financing not going through etc.
0 votes Thank Flag Link Thu Apr 26, 2012

Active with offer means the sellers have accepted an offer but that offer still has contingencies (usually home inspection and financing) that have not been met. Once those contingencies have been satisfied the status will change from Active w/ Offer to Pending and then finally to sold after closing.

When the status is active w/ offer most sellers wish to continue to market their home and try to generate secondary offers or at least interested buyers in case the primary offer falls through.

Please feel free to call or email with any real estate questions you may have.

Troy Miller, ABR, RNG
0 votes Thank Flag Link Thu Apr 26, 2012
I would assume Active=Available and W/O=With Offers
0 votes Thank Flag Link Thu Apr 26, 2012
So would it be ok to make a offer on the property
Flag Thu Apr 26, 2012
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