Does a long pending period indicate potential problems?

Mar 31, 2022 ... In most cases no. A status of pending usually means that the buyer has passed all the requirements necessary and are just waiting to close. If ... Jul 22, 2024 ... In real estate, a "pending" status indicates that a property is under contract, with an accepted offer but not yet closed. During this phase, ... Jul 8, 2023 ... The main difference the seller is not interested in entertaining any backup offers and the home is no longer available to show. Sometimes we ... May 1, 2023 ... Does that mean the house is out of your reach? MLS status and code. Home listings have a wide range of terms to define what step in the selling ... Aug 16, 2024 ... What Does Pending Mean in Real Estate? ... In real estate, "pending" indicates that a seller has accepted a buyer's offer and both parties have ... May 17, 2024 ... What Does Pending Mean in Real Estate? Pending means that a sale is currently being processed. The sale either never had contingencies or had ... Mar 27, 2014 ... It would be against most MLS's rules to make it Pending when there is no contract on the house and probably unethical by the listing agent. Mar 31, 2016 ... The fundamental meaning of Pending is the period where the funds being used to purchase the property are in process of being released to the seller. Pending - Waiting on Deliverables: This is for the background application ... Real Estate FAQs · Real Estate Licensing by Exam & Education Information ... Nov 19, 2022 ... Pending status in real estate means that a property is under contract and all contingencies have been satisfied, meaning that a closing is ...