What are some tips for navigating the pending phase of a real estate transaction?

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 ... May 17, 2021 ... You might also hear terms like “under contract” (meaning the house sale's contract is in process) or “closing period” (referring to the weeks ... Dec 23, 2022 ... What is pending? Meaning in real estate. Pending in real estate is when a contract has been signed by both the buyer and the seller, but the ... 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 ... 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 ... 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 ... Oct 2, 2023 ... Pending means a property offer has been accepted and the contingencies met, but the sale hasn't been finalized yet. 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 ... 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 ... Aug 2, 2024 ... Pending in real estate means the seller has accepted an offer, and certain conditions and contingencies have been met.