If damage occurs to a pending property, who files the insurance claim?

Couple checking on list of must have items with real estate agent. What Does “Under Contract” Mean? Flip ... Jun 4, 2024 ... Under contract means a buyer has accepted an offer but the sale will proceed after contingencies spelled out in the contract are met. Pending ... 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 ... Mar 31, 2022 ... In most cases no. A status of pending usually means that the buyer has passed all the requirements necessary and are just waiting to close. If ... Mar 2, 2023 ... Showing another buyer got there ahead of you to sign a contract with the seller. Usually, the pending status means the contract terms have been ... 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 ... A pending contract occurs when an offer presented by the buyer's agent to the listing agent is accepted. Once that offer has all parties' signatures then you ... 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 ... Oct 2, 2023 ... Pending means a property offer has been accepted and the contingencies met, but the sale hasn't been finalized yet. 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 ...