San Diego Market
From the sunny shores of Pacific Beach to the bustling neighborhoods of North Park and Downtown, San Diego real estate often moves at a rapid pace. If you’re scrolling through listings and see a home labeled “under contract,” you may wonder what that entails. Below, we’ll explain what “under contract” means in San Diego, how it differs from “pending,” and what both buyers and sellers can expect during this phase.
1. Meaning of “Under Contract”
2. Key Contingencies in San Diego
3. Impact on Buyers
4. Next Steps for Sellers
5. From “Under Contract” to “Closed”
Conclusion
In San Diego, a property labeled “under contract” simply means both parties have reached an initial agreement, but several steps—like inspections, appraisals, and financing—still need to fall into place before the home is truly sold. Whether you’re a buyer looking for your perfect beach bungalow or a seller aiming for a smooth transaction, understanding the nuances of this phase is crucial.
Have questions about San Diego real estate or want help navigating the buying or selling process? Contact us today. We’re here to support you at every step of your real estate journey in “America’s Finest City.”
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