How does the pending status affect the buyer's ability to make offers on other properties?

A pending listing isn't a guarantee that closing will happen. An experienced real estate agent can work with you to increase the odds of a successful real ... Oct 13, 2022 ... When a property is pending, it is firmly under contract, and there are no longer any contingencies left on the sale. Once a home is listed as ... Sep 22, 2022 ... Pending means that both the buyer and the seller have signed a legally binding contract and are ready to advance. There are still questions ... Sep 4, 2020 ... It simply means that the property is under contract with a buyer. The contract could still be in the Due Diligence process, or it could have ... 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 ... When a home is listed as “pending,” it means that there is a closing date set and that all contingencies have been met or waived. At this time, the lender and ... 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, ... 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 ... Jul 1, 2024 ... Contingencies must be met before the contract can be legally binding. · Pending status is the last stage before closing. · A good real estate ... 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 ...