Property Q&A in Austin>Question Details

Angie Hertel, Both Buyer and Seller in 78748

is this house sold?

Asked by Angie Hertel, 78748 Fri Feb 27, 2009

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This question is about this property: http://www.trulia.com/property/1071716429-11605-Niemann-Cv-A…

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4
Hi Angie,
Looks like the home is now sold.
Here are 180 3 bed+ 2 baths+ Homes in 78748.
http://actris.mlxchange.com/Pub/EmailView.asp?r=1982572010&a…
If you are looking to search for current homes on the market you can follow this link.
http://www.centraltexashomerebates.com/html/mls_home_search_.html
If you need anymore help please think of me.
Jeff.
0 votes Thank Flag Link Thu Apr 16, 2009
Ms. Hertel,

11605 Niemann Cv, current status is AC=Active Contigent: A purchase offer has been made, the seller has accepted the offer, but there are buyer contingencies that may prevent the sale going through. The most typical contingency is sale of other property by buyer—the contract is contigent upon Buyer's receipt of the proceeds from the sale of Buyer's property.

Most of the time, Active Contingent status means that the seller is willing to take backup offers, should the current offer not go through or if there is a “kick-out” clause in the agreement (a kick-out clause is an agreement between the buyer and seller giving the seller the right to demand contingency removal within a certain number of days; if the buyer cannot perform within that time period, the contract may be terminated).

If you wish to follow this property online and receive any updates, look it up for free on our website http://www.BuyersHouseRealty.com. The MLS # you can use, is 9227159.

Keep in mind when using our service, you will receive 75% of our commission that we receive from the seller or builder. An example: $400,000 x *3% Buyer Agent Commission = $12,000 x75% = $9,000 Reward you will receive after closing.

Regards,

Gavin St.Louis
Texas Managing Broker
Buyers House Realty
http://www.BuyersHouseRealty.com
0 votes Thank Flag Link Fri Feb 27, 2009
Dear Angie,

Good afternoon and thank you for your question. In regards to 11605 Niemann Cv, this property has not sold yet. There is a contingent offer on it right now, but this simply means that someone else has made an offer that the sellers have accepted, but it is contingent upon this buyer selling another property first. So, if you were to come along now and make an acceptable offer on it, the current buyer would have the right to waive his or her contingency and go through with the purchase or release the home to you. Since it has only been contingent for a couple of weeks, there is a very good chance the current buyer would not be in a position to actually waive his or her contingency and move forward with the purchase. So, if you have an interest in it, I wouldn't let the contingency scare you away. Does this explanation make sense?

I actually live in the SW Austin area myself and would be happy to show you the home sometime if you'd like. Please just let me know if I can be of assistance. I'd be more than happy to help!


Sincerely,

Shay Wright
Park One Realty
Broker/Owner
1515 S IH 35 Austin
P: (512) 468-8261
F: (512) 532-0735
http://www.austinhomenetwork.com
http://www.parkonerealty.com
0 votes Thank Flag Link Fri Feb 27, 2009
Hi Angie,

Looks like this house has a contingency contract on it as of Feb. 11th.

If you are not familiar with contingency contracts and would like more information, please get in touch with me.

Best Wishes,
Anita
0 votes Thank Flag Link Fri Feb 27, 2009
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