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SD Realtor.
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March 9, 2009 at 1:43 PM #363380March 9, 2009 at 2:00 PM #362794
DataAgent
Participant[quote=esmith]The listing is “not active”. What’s the deal with that, I wonder.[/quote]
Probably a ‘short sale.’ The prior sale was $690K and taxes are currently delinquent. The lender might be hard to work with.
March 9, 2009 at 2:00 PM #363088Participant[quote=esmith]The listing is “not active”. What’s the deal with that, I wonder.[/quote]
Probably a ‘short sale.’ The prior sale was $690K and taxes are currently delinquent. The lender might be hard to work with.
March 9, 2009 at 2:00 PM #363242Participant[quote=esmith]The listing is “not active”. What’s the deal with that, I wonder.[/quote]
Probably a ‘short sale.’ The prior sale was $690K and taxes are currently delinquent. The lender might be hard to work with.
March 9, 2009 at 2:00 PM #363281Participant[quote=esmith]The listing is “not active”. What’s the deal with that, I wonder.[/quote]
Probably a ‘short sale.’ The prior sale was $690K and taxes are currently delinquent. The lender might be hard to work with.
March 9, 2009 at 2:00 PM #363390Participant[quote=esmith]The listing is “not active”. What’s the deal with that, I wonder.[/quote]
Probably a ‘short sale.’ The prior sale was $690K and taxes are currently delinquent. The lender might be hard to work with.
March 9, 2009 at 2:02 PM #362799SD Realtor
ParticipantA couple (but not all) of the possibilities.
1 – The offer or offers have been submitted to the lender and the seller does not want anymore showings. Thus the home is not pending, and the seller doesn’t want to be bothered anymore and thus the home is correctly put into withdrawn status until the listing agent finds out more information from the lender.
2 – Similar to 1 but instead of offers being sent to the lender the seller is attempting to mod the loan and again, doesn’t want any traffic during that process.
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Actually if all of the actives that are in reality inactive because they have offers into the lenders and are either only fielding backups or they are simply not yet pending because they are waiting for responses back, we would see a reduction of actives.
The MLS really should create another category of actives because many actives are very misleading if they have offers into the lender. There are mandatory remarks now that you have to put in but that is not a sufficient flag to warn the public, especially for the 3rd party sites that listings go to.
March 9, 2009 at 2:02 PM #363093ParticipantA couple (but not all) of the possibilities.
1 – The offer or offers have been submitted to the lender and the seller does not want anymore showings. Thus the home is not pending, and the seller doesn’t want to be bothered anymore and thus the home is correctly put into withdrawn status until the listing agent finds out more information from the lender.
2 – Similar to 1 but instead of offers being sent to the lender the seller is attempting to mod the loan and again, doesn’t want any traffic during that process.
***
Actually if all of the actives that are in reality inactive because they have offers into the lenders and are either only fielding backups or they are simply not yet pending because they are waiting for responses back, we would see a reduction of actives.
The MLS really should create another category of actives because many actives are very misleading if they have offers into the lender. There are mandatory remarks now that you have to put in but that is not a sufficient flag to warn the public, especially for the 3rd party sites that listings go to.
March 9, 2009 at 2:02 PM #363247ParticipantA couple (but not all) of the possibilities.
1 – The offer or offers have been submitted to the lender and the seller does not want anymore showings. Thus the home is not pending, and the seller doesn’t want to be bothered anymore and thus the home is correctly put into withdrawn status until the listing agent finds out more information from the lender.
2 – Similar to 1 but instead of offers being sent to the lender the seller is attempting to mod the loan and again, doesn’t want any traffic during that process.
***
Actually if all of the actives that are in reality inactive because they have offers into the lenders and are either only fielding backups or they are simply not yet pending because they are waiting for responses back, we would see a reduction of actives.
The MLS really should create another category of actives because many actives are very misleading if they have offers into the lender. There are mandatory remarks now that you have to put in but that is not a sufficient flag to warn the public, especially for the 3rd party sites that listings go to.
March 9, 2009 at 2:02 PM #363286ParticipantA couple (but not all) of the possibilities.
1 – The offer or offers have been submitted to the lender and the seller does not want anymore showings. Thus the home is not pending, and the seller doesn’t want to be bothered anymore and thus the home is correctly put into withdrawn status until the listing agent finds out more information from the lender.
2 – Similar to 1 but instead of offers being sent to the lender the seller is attempting to mod the loan and again, doesn’t want any traffic during that process.
***
Actually if all of the actives that are in reality inactive because they have offers into the lenders and are either only fielding backups or they are simply not yet pending because they are waiting for responses back, we would see a reduction of actives.
The MLS really should create another category of actives because many actives are very misleading if they have offers into the lender. There are mandatory remarks now that you have to put in but that is not a sufficient flag to warn the public, especially for the 3rd party sites that listings go to.
March 9, 2009 at 2:02 PM #363395ParticipantA couple (but not all) of the possibilities.
1 – The offer or offers have been submitted to the lender and the seller does not want anymore showings. Thus the home is not pending, and the seller doesn’t want to be bothered anymore and thus the home is correctly put into withdrawn status until the listing agent finds out more information from the lender.
2 – Similar to 1 but instead of offers being sent to the lender the seller is attempting to mod the loan and again, doesn’t want any traffic during that process.
***
Actually if all of the actives that are in reality inactive because they have offers into the lenders and are either only fielding backups or they are simply not yet pending because they are waiting for responses back, we would see a reduction of actives.
The MLS really should create another category of actives because many actives are very misleading if they have offers into the lender. There are mandatory remarks now that you have to put in but that is not a sufficient flag to warn the public, especially for the 3rd party sites that listings go to.
March 9, 2009 at 4:44 PM #362951donaldduckmoore
ParticipantWhen was the transaction take place when it was sold for $690k? Is not active = sold?
March 9, 2009 at 4:44 PM #363244ParticipantWhen was the transaction take place when it was sold for $690k? Is not active = sold?
March 9, 2009 at 4:44 PM #363397ParticipantWhen was the transaction take place when it was sold for $690k? Is not active = sold?
March 9, 2009 at 4:44 PM #363436ParticipantWhen was the transaction take place when it was sold for $690k? Is not active = sold?
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