How are repairs handled during the pending phase of a real estate transaction?

Mar 28, 2025 ... In real estate, a “pending” status means that the seller has accepted an offer and all requirements have been met. While the sale isn't final ... Jul 23, 2021 ... For a home to be listed as pending, that means the home is under contract and there are no longer any contingencies on the sale. Once a property ... 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. May 18, 2020 ... But deals fall through all the time so pending doesn't necessarily mean sold. Buyers may not submit a formal offer while a deal is pending but ... 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. 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 ... Mar 21, 2023 ... A house for sale that's pending means there is an accepted, binding contract, and all contingencies have been resolved. During this time, ... Jul 31, 2020 ... When a real estate listing goes from pending to active, it signifies that a previously agreed upon sale has not been finalized, and the property ... Aug 28, 2023 ... A "sale pending" status indicates that a property has an accepted offer from a buyer and is currently in the process of moving towards closing. 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 ...