Frequently Asked Questions
How many Square-Feet in an Acre?
Enter numbers and decimals only, no commas,
no symbols, no spaces, no letters, etc.
- (MA) Mutual Acceptance
- Mutual Acceptance is what happens when an offer is accepted by the seller and the buyer and the contract is signed. At this point the house becomes "pending" and the sales process begins.
- (CTG/CNTG) Contingent
- When a home is "contingent" it means that an offer was accepted and the home is "pending" but the buyer must first sell their previous home. Contingent offers, however, can be "bumped" meaning that a reasonable non-contingent offer may be accepted while a home is contingent and the contingent offer would then be dropped. Contingent homes are essentially still available.
- When a home is "pending" it means that an offer was accepted and the home is going through the sales process.
- When a home is "closed" it means that it is sold and the sales process is complete.
What is a Preferred Lender? A preferred lender is a lender that we have selected to work with this community.
Can I use my own Lender? Of course! Our Preferred Lenders are here to work for you, but if you have your own lender then that's great too.
What is a Buyer's Agent? A Buyer's Agent is a licensed real estate agent that we have selected to work with this community. The purpose of this agent is to be your real estate agent when shopping for a new home; they are here to work for you.
Can I use my own Agent? Of course! Our Buyer's Agents are here to help you, but if you have your own agent then that's great too.
New & Existing Homes
What is the difference between "More New Homes" or "Existing Homes" and a Community?? "More New Homes" are homes that are built individually, rather than as part of a New Home Team Community. "Existing Homes" are homes that were already built and owned before becoming a New Home Team listing.