Change in Status

Depending on which Internet sites you are using to search for homes, you may find that many of the homes you like are already sold!

Here are the basic status possibilities for a home listed for sale in our Northern Illinois Multiple Listing Service:

Active - Home is available, actively for sale.

New - Home is new on the market, just listed for sale.

Reactivated - House was either under contract, the contract has been cancelled and is now back actively for sale, or was temporarily off the market and is now available for showings again.

Temp - Home is temporarily off the market, unavailable for showing appointments at this time.

A/I - Home is under contract with the contingency of attorney approval and home inspection.

HS24, HS48 or HS72 - Home is under contract with a home sale contingency. If another party wants to make a non contingent offer, notice is given to the first buyer and they must decide if they can (or want to) change their offer to a non contingent offer within 24, 48 or 72 hours.

HC24, HC48 or HC72 - Home is under contract with a home close contingency. Same as above: If another party wants to make a non contingent offer, notice is given to the first buyer and they must decide if they can (or want to) change their offer to a non contingent offer within 24, 48 or 72 hours.

FIN - Home is under contract awaiting financing, final loan approval, mortgage contingency.

PEND - Home is under contract, pending, waiting to close, all contingencies have been met.

On my website at www.StarHomeFinders.com, one of the search criteria choices available to you is "Status". It makes your home search easier if you choose to look at the homes that are available with the status choices of Active, New or Reactivated.

Not all Internet sites offer these options or choices. My website also offers a map search or search by school district, to help you further in your search for your next home. Check it out soon - if you haven't had the chance yet. Registering is quick and easy!

Jim Starwalt

Thinking of making a move? Log onto my website at www.StarHomeFinders.com and search the Multiple Listing Service from over 150,000 homes for sale. Registering is quick and easy!

Jim Starwalt, Broker Associate RE/MAX Center, Phone: 847-548-2625 Jim@StarHomeFinders.com