Understand all contingencies and deadlines

Jul 8, 2023 ... The main difference the seller is not interested in entertaining any backup offers and the home is no longer available to show. Sometimes we ... Aug 16, 2024 ... What Does Pending Mean in Real Estate? ... In real estate, "pending" indicates that a seller has accepted a buyer's offer and both parties have ... The basis of the pending status is that an offer has been accepted, and there's a binding contract between the buyer and seller. That doesn't mean that the sale ... 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 ... Jun 5, 2023 ... Pending is the last stage of the selling process. This is when the buyer has released all of their contingencies and this property is pending sale. The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts. 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 ... 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 ... Feb 25, 2022 ... A listing will be changed to “pending” when the homeowner has accepted an offer from a buyer. This means they may have negotiated on a price and ... 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 ...