How does the pending status affect short sale transactions?

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 ... 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. Option Pending means somebody made an offer and the seller and buyer have agreed on the terms. Everyone has signed it, and the contract has been escrowed at the ... Jan 17, 2020 ... under contract and outline your options with regard to making an offer on a home of your own. What does contingent mean when a house is for sale ... Apr 6, 2023 ... Pending means they plan to sell the house to someone, but haven't completed the closing process. Once they finish the purchase or it falls ... 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. Feb 24, 2021 ... “Pending” means that the sale is one step closer to conclude. In this case, the buyer accepted an offer with conditions, and they were met, so both parties ... The term pending house means the buyer and seller have agreed to each other's terms and all contingencies have been met so it's been marked as pending and is ... Pending - Waiting on Deliverables: This is for the background application ... Real Estate FAQs · Real Estate Licensing by Exam & Education Information ... Once a buyer releases all of their contingencies – physical, loan, and any others – a property is pending sale. The buyer releasing these contingencies also ...