Can the terms of a backup offer be different from the original pending offer?

Apr 18, 2024 ... A pending status means a home sale isn't complete. So, in theory, you could still visit the property. But if the seller signed a contract ... A “contingent” status means the seller has accepted an offer, but the sale is subject to certain conditions (i.e., inspections or financing). · For homes listed ... A pending contract occurs when an offer presented by the buyer's agent to the listing agent is accepted. Once that offer has all parties' signatures then you ... A pending status in real estate means that all contingencies have been resolved, and the sale is moving toward closing. At this point, the property is typically ... Jun 4, 2024 ... Under contract means a buyer has accepted an offer but the sale will proceed after contingencies spelled out in the contract are met. Pending ... Dec 22, 2022 ... What do these mean? In this article, we'll cover how real estate transactions work, the differences between pending and under-contract sales, ... "Pending” means that a contract is complete for selling a property with no conditions attached and the home is no longer considered an “active” listing. In ... Jan 23, 2025 ... What does pending mean in real estate? A pending property means the seller has accepted an offer, and all contingencies—such as inspections or ... Sep 13, 2023 ... Under contract comes right after a buyer's offer is accepted, while pending sale is the last stage before finalizing a deal. While contracts can ... Mar 19, 2025 ... Why are properties marked as pending? Typically, properties are marked as pending because the seller has accepted an offer, and all ...