What are some common questions about the pending phase that first-time sellers have?

Jun 8, 2022 ... That's what I thought too... that "pending" means that the home has "passed" inspection, appraisal, and financing and the only thing that would ... 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 ... Apr 1, 2022 ... What does pending mean in real estate? Sale pending (or “offer pending”) simply means that a buyer has submitted an offer and the seller has ... 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 ... Apr 18, 2024 ... A pending status means a home sale isn't complete. So, in theory, you could still visit the property. But if the seller signed a contract ... Jan 24, 2025 ... Pending means the house you are looking at has an accepted offer, and contingencies have been removed. This means this house is closer to being finalized and ... Apr 20, 2022 ... Unlike contingent definition in real estate, pending meaning real estate simply implies that the particular transaction has no contingencies ... Mar 19, 2025 ... Why are properties marked as pending? Typically, properties are marked as pending because the seller has accepted an offer, and all ... Jun 26, 2023 ... When a home sale is marked as pending, it signifies that the seller has accepted an offer from a buyer. It also means the property is no longer ... May 18, 2020 ... But deals fall through all the time so pending doesn't necessarily mean sold. Buyers may not submit a formal offer while a deal is pending but ...