How does the appraisal process work for a pending real estate transaction?

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 ... Both mean the property is expected to be sold, but they have different implications for buyers, sellers, and real estate agents. For those of you wondering, “What does pending mean in real estate,” it basically means that the seller has accepted an offer from a buyer. They have agreed on ... 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, ... Feb 25, 2022 ... A listing will be changed to “pending” when the homeowner has accepted an offer from a buyer. This means they may have negotiated on a price and ... A property is considered pending after the owner has accepted an offer from a buyer. ... What Does Off-Market Mean in Real Estate? In a hot market with limited ... 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, ... 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 ... 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 ... 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, ...