Connect with us

GENERAL

What Does ‘Under Contract’ Mean on Zillow?

Published

on

what does under contract mean on zillow

What Does ‘Under Contract’ Mean on Zillow?

If you’ve been house hunting or browsing real estate listings on Zillow, you’ve likely come across the term “under contract.” But what exactly does it mean when you see a property marked as “under contract” on Zillow or any other real estate platform? This status can be a bit confusing, especially for first-time buyers or sellers. In this comprehensive guide, we’ll explain what “under contract” means, the different stages of a real estate contract, and what this status implies for both buyers and sellers.

Understanding Real Estate Contract Terminology

Before diving into what “under contract” means, it’s essential to understand the basics of real estate contracts. A real estate contract is a legally binding agreement between a buyer and a seller for the purchase of property. These contracts can take several forms and vary based on local laws and regulations, but they generally involve certain key stages.

The terms and conditions of a real estate contract must be agreed upon by both parties before the property can be officially transferred. Typically, this agreement includes contingencies, timelines, and financial conditions that must be met before the transaction is finalized.

Now, let’s explore the concept of “under contract” in the context of real estate listings on Zillow.

What Does “Under Contract” Mean?

When a property is listed as “under contract” on Zillow, it means the seller has accepted an offer from a buyer, and both parties have entered into a formal agreement. However, the sale has not yet been completed. The home is no longer available for other buyers to make offers on, but it’s not yet sold.

At this stage, the buyer and seller are working through the various steps required to close the deal, such as home inspections, appraisals, and finalizing financing. If everything goes smoothly, the property will eventually be marked as “sold.” However, if any issues arise, the contract could fall through, and the property might be put back on the market.

The Stages Leading to “Under Contract”

To better understand the “under contract” status, it’s helpful to know the typical stages of a real estate transaction:

1. Listing the Property

This is the initial stage, where the property is listed for sale. The seller works with a real estate agent to set a price, market the property, and show it to prospective buyers. Once the property is listed, interested buyers may submit offers.

2. Offer and Negotiation

Once a buyer decides they want to purchase the property, they make an offer. The offer usually includes the proposed purchase price, contingencies (such as financing or inspection contingencies), and other terms and conditions. If the seller accepts the offer, the deal moves to the next stage. Negotiations may occur at this point to agree on price, closing date, and other details.

3. Under Contract

Once both parties agree to the terms and conditions, the property is marked as “under contract.” This indicates that a formal agreement is in place, and both parties are committed to the sale. However, the transaction is not yet complete. The buyer will typically perform due diligence steps such as securing financing, conducting home inspections, and scheduling appraisals.

4. Closing

The closing is the final step of the process where ownership of the property is transferred to the buyer. At this point, the buyer completes the purchase, pays closing costs, and takes possession of the property. After the closing, the property is officially sold and no longer listed on the market.

5. Post-Closing

After closing, the buyer receives the keys to the home, and the sale is recorded with the relevant local government. The buyer now owns the property.

What Happens During the “Under Contract” Period?

The “under contract” phase involves several important steps. These steps can vary based on the terms of the agreement, but typically include the following:

1. Home Inspection

A home inspection is a standard step in the process where the buyer hires a professional inspector to assess the condition of the property. The inspector checks the home for structural integrity, safety hazards, plumbing issues, electrical problems, and more. Based on the inspection report, the buyer may request repairs, credits, or negotiate a lower price.

2. Appraisal

In many cases, the buyer’s lender will require an appraisal to determine the home’s market value. The appraiser will compare the property to similar homes in the area and provide an estimated value. If the home appraises for less than the agreed-upon purchase price, the buyer and seller may need to renegotiate the terms of the sale.

3. Securing Financing

During the “under contract” period, the buyer works to secure final approval for their mortgage. This involves submitting additional paperwork, verifying income and assets, and completing other requirements set by the lender. The buyer must finalize their financing before closing.

4. Contingency Period

Real estate contracts often include contingencies, which are conditions that must be met before the sale can proceed. Common contingencies include:

  • Inspection contingency: Allows the buyer to back out of the deal or request repairs if significant issues are discovered during the inspection.
  • Financing contingency: Ensures that the buyer can secure financing. If the buyer cannot get a mortgage, they can cancel the contract without penalty.
  • Appraisal contingency: Protects the buyer if the property doesn’t appraise for the agreed-upon price.

5. Negotiation of Issues

During the “under contract” phase, there may be negotiations if any problems arise. For example, if the home inspection reveals major repairs, the seller may agree to make repairs, provide a credit to the buyer, or adjust the price. If the appraisal comes in lower than expected, the buyer and seller may need to renegotiate the price or the buyer may need to bring additional funds to the table.

What Does “Under Contract” Mean for Buyers?

For buyers, the “under contract” status means that you’ve secured the home you want, but the sale is still in progress. This is a crucial time to stay on top of deadlines, such as securing financing, completing inspections, and adhering to any other contingencies.

If you’re a buyer, you may still have the opportunity to back out of the deal if something goes wrong during this stage. However, it’s important to keep in mind that canceling the contract may result in the loss of your earnest money deposit or other consequences, depending on the terms of the agreement.

Can You Still Make an Offer on a Home that is Under Contract?

In some cases, a property marked as “under contract” may still be available for backup offers. A backup offer is a secondary offer that the seller can consider if the original contract falls through. If you’re interested in a home that’s under contract, you can submit a backup offer, and if the deal doesn’t close, your offer may be considered.

However, keep in mind that many sellers may not entertain backup offers unless the original deal is in jeopardy.

What Does “Under Contract” Mean for Sellers?

For sellers, “under contract” signifies that you’ve accepted an offer and are committed to completing the transaction. However, it’s important to remember that until the sale is closed, the deal is not final.

During this stage, sellers should work closely with their real estate agents to ensure that all deadlines are met and any issues that arise are addressed promptly. Sellers should also be prepared for the possibility that the deal could fall through if the buyer is unable to secure financing, if the home inspection uncovers major issues, or if the appraisal doesn’t meet the required value.

Can the Seller Back Out After the Home is Under Contract?

While rare, there are circumstances where a seller might be able to back out of the contract after it’s under contract. This can happen if the buyer fails to meet certain contingencies (like securing financing) or if the parties agree to cancel the deal for other reasons. However, backing out of a contract can lead to legal consequences, including losing earnest money or being sued by the buyer.

Conclusion

In summary, “under contract” on Zillow means that the seller has accepted an offer from a buyer, and the two parties are in the process of finalizing the sale. It’s a critical stage in the real estate transaction where the buyer and seller are working through inspections, appraisals, and financing to complete the deal. While the property is no longer available for other buyers, it’s not yet sold. For buyers and sellers alike, understanding the “under contract” process helps clarify the timeline and next steps in the home-buying journey.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

GENERAL

Building Body Confidence and Embracing Self-Acceptance

Published

on

By

Building Body Confidence and Embracing Self-Acceptance

The Essence of Body Confidence

Body confidence stems from embracing yourself beyond societal expectations or imposed beauty standards. It involves recognizing your unique features, accepting perceived flaws, and celebrating the body as a vessel of identity, strength, and personal history. Building this confidence is a process rooted in self-compassion and a commitment to shifting focus from comparison to self-worth.

Body expression manifests in various ways across diverse communities as individuals explore their self-presentation as performers. In performance culture, items such as the drag queen breast plates New York highlight how physical appearance can be artfully transformed to express identity and empowerment. These tools do not define one’s worth but demonstrate how confidence can be constructed through creativity, intention, and pride in one’s presentation.

Understanding the Path to Self-Acceptance

Self-acceptance is a deeper aspect of self-awareness and appreciation that requires a shift from seeking external approval to finding fulfillment within oneself. It involves breaking free from comparisons and recognizing that external standards do not determine self-worth. Accepting oneself means viewing the whole person, including both strengths and areas for growth, and acknowledging that imperfection is a universal human trait. This journey also entails dismantling internalized beliefs shaped by media consumption and societal expectations. By nurturing a kinder dialogue with oneself and recognizing inherent value beyond physical attributes, we can profoundly impact all aspects of our lives, leading to more authentic relationships.

The Role of Mindfulness in Building Confidence

Mindfulness is a practice that encourages a healthier relationship with one’s body by focusing on the present moment. It helps individuals develop conscious awareness, shifting their attention from perceived flaws to appreciating their body’s experiences. Meditation and deep breathing enable individuals to concentrate on their bodily sensations and emotional states without judgment. Mindfulness not only reduces stress but also builds resilience against negative self-perceptions. Regular practice can inspire a nurturing attitude towards oneself, fostering a more forgiving and accepting mindset.

Gratitude and Its Impact on Self-Love

Gratitude is a powerful practice that shifts the focus from self-criticism to self-appreciation. It promotes a more profound respect and love for oneself by emphasizing the body’s capabilities rather than appearance. Gratitude highlights achievements and strengths by changing the perspective from deficiency to abundance. Basic activities like maintaining a gratitude journal can strengthen positive thinking and remind people of their strengths. Research shows that gratitude enhances overall well-being by fostering joy and resilience in the brain. Over time, cultivating gratitude becomes a foundation for nurturing self-love.

The Influence of Society on Body Image

Societal norms frequently create unrealistic beauty standards that limit individuals’ perceptions of their body image. These standards often disregard the diversity of body shapes and sizes, making them unattainable for most people. To address these challenges, it is essential to embrace media representations that celebrate a variety of forms, sizes, and abilities. By choosing media that promotes inclusivity, we can challenge traditional beauty ideals, reshape societal attitudes, and foster acceptance and self-love.

Community Support and Body Positivity

community that promotes body positivity and diversity can greatly empower individuals by creating a safe space where diversity is accepted and celebrated. This collective support encourages individuals to share their experiences, learn from one another, and develop a strong support system that values authenticity over conformity. Sharing stories of overcoming societal pressures fosters a sense of belonging, understanding, and personal growth and reinforces individual identity.

Sustaining the Journey of Self-Love and Acceptance

Self-love and acceptance are lifelong journeys influenced by the complexities and changes of life. They require being kind to oneself, prioritizing mental and physical well-being, and celebrating personal achievements. The path to body confidence and self-acceptance is profoundly personal and ever-evolving. It demands the courage to challenge societal norms and a commitment to building inner strength. Through patience and perseverance, one learns that self-love is not a final destination but a lifelong commitment to oneself.

CLICK HERE FOR MORE BLOG POSTS

Continue Reading

GENERAL

Creative Team Building: Fun Strategies That Work

Published

on

By

Creative Team Building: Fun Strategies That Work

Why Team Building Matters

Team-building is a powerful tool for fostering connection and collaboration, regardless of group size or industry. Thoughtfully planned activities help build relationships and create a foundation for open communication. This isn’t just about having fun—it’s about increasing empathy, trust, and psychological safety within teams. Team-building isn’t just a “nice-to-have,” but it can also drive innovation and productivity.

Organizing memorable experiences, such as a team-building escape room Norwich, CT, can instantly bring teams together for a common challenge. These experiences help break down hierarchical barriers and empower everyone to contribute, regardless of job title or years of experience. This effect is even more critical for hybrid and remote teams, where daily connections can be limited by physical distance. Regular and intentional team-building efforts ensure every member feels seen and heard, promoting retention while reducing turnover and burnout.

Ways to Make Team Building Fun

Infusing fun into team-building turns a routine work session into a memorable, shared experience. It’s important to remember that “fun” looks different for everyone. While some teams enjoy the adrenaline rush of a scavenger hunt or obstacle course, others might bond over friendly cooking competitions or collaborative art projects. What matters most is variety and the willingness to try new formats—mixing up the agenda keeps things engaging and unpredictable.

  • Themed costume contests are a great way to inject laughter and spark creativity while gently encouraging participants to leave their usual roles.
  • DIY craft or cooking workshops let people showcase hidden talents, offering a relaxed setting for casual conversations that might never happen in the office.
  • Minute-to-win-it challenges and trivia games add excitement, motivating teams to cheer one another on and break the ice for new members.

Small gestures, like offering team-choice awards or spotlighting humorous moments from these activities, can help maintain interest over time. When laughter and friendly competition are part of the equation, people are more willing to share ideas and collaborate, even outside scheduled events.

Choosing the Right Activities for Your Team

Finding activities that resonate with every team member may seem like a challenge, but it pays off in engagement and participation. The first step is actively soliciting input—a simple poll or survey can help uncover interests, passions, and hesitations. Broadening activity types to include intellectual puzzles, outdoor adventures, creative projects, and service-based volunteering ensures everyone can shine and contribute.

  1. Ask team members for feedback on past activities and suggestions for future ones. Inclusivity in planning demonstrates genuine care for people’s preferences.
  2. Alternate between competitive games like trivia or relay races and cooperative challenges like escape rooms or group creative projects. Variety helps keep engagement levels high.
  3. Consider accessibility and comfort, offering options for those with physical limitations or social anxiety. Providing flexible participation ensures that no one feels left out and that everyone can contribute in a way that fits their style.

By giving every member a voice, teams build a stronger sense of community before the activity begins. This involvement naturally leads to better participation and increased enthusiasm for future events. For organizations with global teams, don’t hesitate to offer virtual options or hybrid formats to maintain inclusivity.

The Role of Puzzles and Games

Puzzles and games are the cornerstone of many successful team-building programs, offering a fun yet purposeful way to practice essential workplace skills. Activities like escape rooms, logic puzzles, and collaborative scavenger hunts require participants to problem-solve creatively and lean on their teammates’ strengths. These shared challenges foster critical thinking while breaking down communication barriers.

These activities go beyond entertainment—well-designed games teach adaptability, resilience, and strategic thinking. They can reinforce positive values like healthy competition, honest communication, and quick decision-making. Managers can spark renewed energy and boost overall engagement by switching up typical meeting scenarios with game-based experiences.

  • Puzzle games level the playing field, allowing every participant to share insights and practice leadership, which is invaluable for building confidence in quieter team members.
  • They deepen trust, requiring teams to depend on clear communication, constructive feedback, and sometimes, letting go of ego for the group’s greater good.

Regularly rotating puzzles and games into your team-building calendar provides constant opportunities for skill refinement and can dramatically reduce work-related stress.

Building Communication Skills

Almost every team challenge begins and ends with effective communication, whether in the boardroom or on a soccer field. Team-building creates safe spaces for teams to hone these abilities, practicing feedback, negotiation, and nonverbal cues. When people are encouraged to speak up in low-pressure, enjoyable situations, that confidence carries over into the workplace.

For example, success depends entirely on how well the group shares, listens, and adapts in activities where only a few members have all the information, like a puzzle with hidden clues or breakout rooms in virtual settings. This collaboration encourages active and reflective participants to jump in, building empathy and patience. Post-activity reflections and group discussions further solidify these learnings and provide a platform to celebrate diverse perspectives.

  • Storytelling circles or role-playing exercises help team members better understand each other’s communication styles and life experiences, leading to greater team cohesion.
  • Blindfolded teamwork activities and “telephone” games reinforce speaking clearly and listening attentively in a fast-paced work environment.
  • Tasks requiring strategic thinking and step-by-step instructions, like collaborative building projects or digital escape rooms, foster real-life skills that translate into effectiveness.

Measuring the Success of Team Building

Determining the impact of team-building extends far beyond tracking participation or tallying up trivia winners. The most successful organizations focus on objective data, like project delivery times, employee engagement scores, and subtle, positive shifts in team mood and morale. Post-event anonymous surveys, peer feedback, and casual check-ins are invaluable for collecting honest insights into what’s working and needs adjustment.

Organizations may notice increased idea sharing during meetings, improved conflict resolution, and greater willingness to help colleagues outside one’s official role. According to long-term studies, teams that regularly invest in creative team-building see higher retention, more innovation, and reduced siloing across departments. Even the small victories matter: more contagious laughter, spontaneous collaborations, and genuine camaraderie are all signs that your investments are paying off.

Conclusion

Team building is more than an occasional break from work—it’s a strategic investment in your team’s cohesion and long-term success. When done with intention, team-building activities create a sense of belonging, encourage open communication, and help individuals discover new strengths within themselves and each other. From playful puzzles to creative competitions, the best programs are inclusive, engaging, and tailored to your team’s dynamics. They foster trust, ignite collaboration, and offer safe spaces for learning through experience. The benefits extend beyond the moment, resulting in improved workplace culture, higher performance, and stronger interpersonal connections. Organizations can keep these efforts fresh and impactful by measuring outcomes and adapting based on feedback. Ultimately, effective team building turns coworkers into collaborators and collaborators into a community.

 

CLICK HERE FOR MORE BLOG POSTS

Continue Reading

GENERAL

Preventing Water Damage at Home: Essential Tips for Homeowners

Published

on

By

Preventing Water Damage at Home: Essential Tips for Homeowners

Water damage is a silent yet pervasive threat to every household, capable of inflicting destruction far beyond unsightly stains or warped wood. Water intrusion can weaken your home’s structure, create an ideal breeding ground for harmful mold spores, and ruin personal belongings with little warning. Water damage is even more concerning because it often happens when least expected—from a hidden pipe leak, a malfunctioning appliance, or a heavy downpour overwhelming gutters. Taking deliberate steps to prevent water incursions is not just an option, but an essential aspect of responsible homeownership. Should the worst happen, immediate action with professional water damage restoration services can be the difference between minor inconvenience and major disaster, helping homeowners recover quickly while minimizing property loss and health risks. Below, you’ll find valuable practices and preventative steps any homeowner can implement to reduce the risk of water-related mishaps and safeguard their investment in their home’s long-term value and livability.

Proactive protection ranges from routine checks to adopting advanced monitoring technology and reinforcing vulnerable sections of your home. Even what appears to be a negligible leak—a persistent drip under the sink or slight condensation—can signal the start of a much larger problem if left unchecked. Understanding your property’s unique exposures and keeping up with regular home maintenance may seem time-consuming, but it is far preferable to the costly, disruptive aftermath of water damage. If your household faces a substantial water crisis, calling upon experienced water damage restoration specialists ensures immediate cleanup and long-term protection against recurring issues.

Regular Plumbing Inspections

One of the most effective ways to prevent water damage is to inspect your plumbing system regularly. This involves more than just glancing under the kitchen sink; it means systematically checking all accessible water lines, fixtures, and connections throughout your home, including bathrooms, laundry rooms, and basements. Be looking for telltale signs of trouble such as water stains, discoloration, musty odors, or mold. Pay extra attention to areas where pipes are exposed and susceptible to temperature changes, which can lead to cracking or bursting during colder months. Even small drips, if ignored, can deteriorate drywall, create soft spots in flooring, and attract pests. According to Consumer Reports, addressing minor leaks and routine maintenance needs early can prevent situations that might otherwise result in thousands of dollars in repairs and lengthy disruptions to your household routine.

Roof and Gutter Maintenance

Your home’s first line of defense against water ingress starts well above your head. Roofs, when intact and well-maintained, repel huge volumes of water throughout the year. However, even a single missing shingle or a small area of compromised flashing can allow water to seep into attics, walls, and ceilings. It’s crucial to have your roof inspected by a professional at least once yearly, looking for cracked or curled shingles, rusted nails, or accumulating debris. Gutters should be cleared of leaves and sediment in spring and fall, or more frequently if you live near mature trees. Blocked gutters and downspouts redirect water toward your foundation rather than away, dramatically increasing the risk of leaks, cracks, and eventual basement flooding. Regular roof and gutter upkeep is crucial in regions experiencing significant seasonal changes or heavy precipitation. Don’t forget to check for ice dams in winter, which can also cause water to back up under shingles.

Install Water Detection Devices

Modern homeowners have a valuable ally in technology when stopping water problems before they escalate. Water leak detectors and smart moisture sensors are now widely available and can be placed in areas most prone to undetected leaks, such as under sinks, next to water heaters, or near sump pumps. These devices sound an alarm—or send a notification to your phone—when even small amounts of water are detected, allowing you to take swift action before minor leaks become major headaches. Some high-end systems go a step further by integrating with your water supply and automatically shutting off the water if a large leak or burst pipe is identified, offering peace of mind even when you’re away.

Landscaping and Drainage

Not all water damage threats come from inside the home; many result from poor exterior water management. The grading of your lawn and the placement of your garden beds can drastically affect how water flows during heavy rainfalls. Ideally, soil should be sloped downward away from your home at least six inches over ten feet. This keeps surface water from pooling near your foundation, particularly important if your property is prone to wet conditions or experiences frequent downpours. Install downspout extenders to channel runoff at least three to six feet away from the foundation. Consider landscaping fixes such as French drains, dry wells, or rain gardens, which effectively redirect and absorb water. Professional landscapers can assess trouble spots and design custom drainage solutions that address your property’s specific needs and terrain, reducing the chances of water invading basements or crawl spaces.

Appliance Maintenance

Everyday appliances are often overlooked sources of water leaks in the home. Washing machines, dishwashers, water heaters, and even refrigerators with ice makers or water dispensers rely on hoses and connections that tend to wear out over time. Schedule regular checks for hoses, clamps, and fittings—if you notice bulging, cracks, rust, or dampness around these appliances, it’s time to replace the parts immediately. Don’t delay replacing old rubber hoses with steel-braided types, as these are less likely to fail under pressure and have much longer lifespans. Regular appliance maintenance, including following manufacturer recommendations for servicing and filter replacement, is a straightforward way to avoid costly and disruptive leaks.

Seal Windows and Doors

Well-sealed windows and doors form a critical barrier against water entering your home during storms and heavy rains. Yet, sealants can degrade over time, and structures may shift, creating cracks or gaps along frames. Examine all window sills, door thresholds, and weatherstripping annually for any openings or visible decay; even a small gap can admit enough water to cause interior damage. Using quality caulking and weatherproofing materials, reseal where necessary, particularly before the start of the rainy season. If you notice condensation or cold drafts during storms, this may also indicate the need to replace weatherstripping or upgrade to energy-efficient models with enhanced water barriers. These efforts keep water out and increase energy efficiency by reducing drafts.

Monitor Water Pressure

High water pressure may feel luxurious in the shower, but it poses a significant risk to your entire plumbing system. Excessive pressure can strain pipe joints, valves, and faucets, causing leaks or catastrophic pipe bursts over time. To avoid unnecessary stress on your pipes, use a simple pressure gauge (available at hardware stores) and attach it to an outside faucet to check your home’s water pressure. Readings should ideally stay between 40 and 70 psi. If yours is higher, installing a pressure regulator helps protect plumbing, appliances, and keeps your utility bills in check. Monitoring water pressure ensures your home’s pipes last longer with fewer unexpected emergencies.

Know Your Water Shutoff Valve

In the event of a burst pipe or other water emergency, every second counts. The ability to quickly turn off your home’s main water supply can save thousands of dollars in damage and significantly reduce the chaos of a disaster scenario. Familiarize yourself—and all adult household members—with the main shutoff valve’s location, typically where the main water line enters your home. Practice shutting it off so that, if the need arises, everyone knows what to do without hesitation. Keep tools or a flashlight nearby if the area is not well-lit. A swift response not only limits damage but can be crucial in saving irreplaceable family heirlooms and essential documents that could otherwise be destroyed by flooding.

By implementing these strategies, you’ll significantly lessen your risk of water damage and the stress it brings. Constant vigilance, routine inspections, and timely intervention are the foundation of a safe, dry, and healthy home environment. To learn more about emergency readiness and ongoing protection from water hazards, refer to Ready.gov’s flood preparedness resources for comprehensive planning ideas and checklists. Taking these steps today means greater peace of mind tomorrow, knowing your home is well-guarded against water damage for many years.

 

CLICK HERE FOR MORE BLOG POSTS

Continue Reading

Trending