San Antonio, Texas Area Home Buyer Q&A:
What is AO, Active Option or Pending Status when buying a home?
What is AO or Active Option status in San Antonio, Texas real estate and home searching?
AO is Active Option and refers to when a home goes under contract with an option period in place for the buyer to terminate for any reason, typically for 5 to 10 days but the time frame does vary and is fully negotiable so check with us to be sure on any home and especially when negotiating your own purchase.
If a contract on a home does fall through during the option period it will come back available as BOM (Back On Market) and be fully available for offers once again. If the buyer moves forward with the home it will move into Pending status while it waits for title, survey and loan work to be completed along with anything else needed until it closes and becomes Sold. Stay up to date with the most accurate home search in San Antonio as it pulls from our local MLS directly multiple times per day: GoHomeSA.com
KW - REALTOR
All information deemed reliable but not guaranteed.