Are there any post-closing responsibilities for the buyer or seller of a pending property?

When a property is pending, the seller has accepted an offer and the sale is in progress but not finalized. The term implies that certain contingencies have ... May 31, 2022 ... In the High Country of North Carolina's Matrix Multiple Listing Service, a property is marked as Under Contract when both the buyer and seller ... Mar 9, 2024 ... Pending means a buyer's offer has been accepted by the seller, and all contingencies outlined in the contract have been met. Both mean the property is expected to be sold, but they have different implications for buyers, sellers, and real estate agents. What Does Pending Mean in Real Estate? ... When a home listing moves from “Active” to “Pending,” the seller has accepted a bid, signed the contract, and sees no ... Sep 30, 2022 ... When a property is marked as “pending,” it means that an offer has been accepted and any contingencies have been met. Homes in pending status ... Jul 6, 2023 ... If a property is “pending,” it's either because there were no contingencies ever inked into the contract, or that all the contingencies have ... When a listing says “sale pending,” that means that a buyer has offered to purchase the home, the seller and the buyer have agreed to terms on that purchase. Mar 18, 2025 ... In simple terms, 'pending' means all those 'ifs,' the contingencies, have been met, and the sale is moving full steam ahead toward closing. The ... Option Pending means somebody made an offer and the seller and buyer have agreed on the terms. Everyone has signed it, and the contract has been escrowed at the ...