What are some common ambiguities or potential pitfalls in real estate contracts?

Once a buyer releases all of their contingencies – physical, loan, and any others – a property is pending sale. The buyer releasing these contingencies also ... Mar 21, 2021 ... “Pending continue to show” means that the seller wants to continue to show the house to other buyers in case the current contract falls through. 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 ... Pending - Waiting on Deliverables: This is for the background application ... Real Estate FAQs · Real Estate Licensing by Exam & Education Information ... 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 ... Jul 31, 2020 ... When a real estate listing goes from pending to active, it signifies that a previously agreed upon sale has not been finalized, and the property ... May 31, 2022 ... In the High Country of North Carolina's Matrix Multiple Listing Service, a property is marked as Under Contract when both the buyer and seller ... 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 ... 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 15, 2021 ... But a pending offer almost always means there's an “accepted and binding contract” between buyer and seller, according to real estate agent ...