How is the earnest money deposit handled during the pending phase?

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 ... Nov 14, 2023 ... Pending: A property is listed as pending when the seller has accepted an offer, and all contingencies have been met or waived, but the sale has ... Nov 19, 2022 ... Pending status in real estate means that a property is under contract and all contingencies have been satisfied, meaning that a closing is ... Couple checking on list of must have items with real estate agent. What Does “Under Contract” Mean? Flip ... 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 ... 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 ... May 17, 2021 ... You might also hear terms like “under contract” (meaning the house sale's contract is in process) or “closing period” (referring to the weeks ... Aug 21, 2024 ... What does pending mean in real estate? ... Pending in real estate, also known as a pending offer, means the seller has accepted the offer with no ... 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 ... Oct 31, 2021 ... Pending in real estate means that potential buyers have submitted an offer on a home and the seller has accepted the buyer's offer. The deal ...