How does the pending status affect homeowners insurance claims?

Mar 18, 2025 ... In simple terms, 'pending' means all those 'ifs,' the contingencies, have been met, and the sale is moving full steam ahead toward closing. The ... Jul 6, 2023 ... If a property is “pending,” it's either because there were no contingencies ever inked into the contract, or that all the contingencies have ... However, the deal hasn't been closed yet, and a property with a pending status can still return to the market. Once a home is pending, sellers cannot legally ... 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, ... 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, ... 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. When a listing says “sale pending,” that means that a buyer has offered to purchase the home, the seller and the buyer have agreed to terms on that purchase. 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 ... When a property is pending, the seller has accepted an offer and the sale is in progress but not finalized. The term implies that certain contingencies have ... Aug 27, 2024 ... When you see a property listed as "pending," it means that a buyer has made an offer on the house, and the seller has accepted it. However, the ...