How does the pending process work for new construction homes?

Dec 23, 2022 ... What is pending? Meaning in real estate. Pending in real estate is when a contract has been signed by both the buyer and the seller, but the ... The basis of the pending status is that an offer has been accepted, and there's a binding contract between the buyer and seller. That doesn't mean that the sale ... Both mean the property is expected to be sold, but they have different implications for buyers, sellers, and real estate agents. Nov 6, 2024 ... What does "pending" mean in real estate? A pending sale status means the seller has accepted an offer from a hopeful buyer, but the deal hasn't ... Apr 1, 2022 ... What does pending mean in real estate? Sale pending (or “offer pending”) simply means that a buyer has submitted an offer and the seller has ... Key Takeaways · What 'under contract' means for you buying a house · Under contract vs. sale pending: What's the difference? · What to do if a house you love is ... Aug 2, 2024 ... Pending in real estate means the seller has accepted an offer, and certain conditions and contingencies have been met. Dec 27, 2022 ... A pending sale may be referred to as “under contract” by some real estate agents. Regardless of terminology, the meaning is the same. A sale is ... If a home is listed as pending, it means that a deal has been made and moved to escrow until closing. A property can only go into pending status after all ... Oct 6, 2023 ... If this appears, it means that there is a fault or user error, so a listing has remained in “pending” status for more than 4 months. This ...