Profile picture for user735397

a short sale listing says "active" and also says "offer has been sent to the bank" so what does this

a short sale listing says "active" and also says "offer has been sent to the bank" so what does this mean. Is that mean a buyer submited an offer and no offer is accepted?
635 se 18th ave hillsboro or 9713 house
  • February 27 2012 - Hillsboro
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (2)

The Realtor has left the property active in the MLS while the property is under contract.  Most agents will leave the property active until an offer is accepted by the bank of the seller.  

If you are looking to purchase a short sale I would recommend trying to find a property that has already been approved. These short sales will usually close faster and the agent is just waiting to get a new offer on the property to submit to the bank.  

I have a specific CDPE (certified distressed property institute) short sale certification to work on short sales, and can help you if you are looking to purchase or sell a property which is distressed. 

Claudio Rivero 
RE/MAX United Realty


  • February 27 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Rita Walker
When a home is being sold as a short sale the offer has to first be accepted by the Seller (owner). After that acceptance it is sent to the Lender for their approval. It is the approval steps by the Lender that take so long.
Most listings stay active, encouraging other offers to back up the first.
I hope that answers your question.

  • February 27 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.