What are some strategies for ensuring a smooth mortgage approval process for a pending property?

Mar 21, 2023 ... A house for sale that's pending means there is an accepted, binding contract, and all contingencies have been resolved. During this time, ... Jan 15, 2024 ... Pending. A pending status on a listing means that the Seller of the listing has accepted an offer on their home, but the transaction has not yet ... When a home is listed as “pending,” it means that there is a closing date set and that all contingencies have been met or waived. At this time, the lender 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 ... When a listing says “sale pending,” that means that a buyer has offered to purchase the home, the seller and the buyer have agreed to terms on that purchase. Apr 14, 2023 ... What Does Contingent Mean? As a general term, contingent means “upon certain conditions being met.” In the context of real estate, it means that ... Jul 22, 2024 ... In real estate, a "pending" status indicates that a property is under contract, with an accepted offer but not yet closed. During this phase, ... 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 ... The term pending house means the buyer and seller have agreed to each other's terms and all contingencies have been met so it's been marked as pending and is ... Jul 6, 2023 ... If a property is “pending,” it's either because there were no contingencies ever inked into the contract, or that all the contingencies have ...