What are the final steps before closing on a pending property?

Mar 18, 2025 ... In simple terms, 'pending' means all those 'ifs,' the contingencies, have been met, and the sale is moving full steam ahead toward closing. The ... 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 ... Nov 6, 2024 ... What does "pending" mean in real estate? A pending sale status means the seller has accepted an offer from a hopeful buyer, but the deal hasn't ... 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 ... 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 ... Mar 27, 2014 ... It would be against most MLS's rules to make it Pending when there is no contract on the house and probably unethical by the listing agent. 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 2, 2024 ... Pending in real estate means the seller has accepted an offer, and certain conditions and contingencies have been met. Pending - Waiting on Deliverables: This is for the background application ... Real Estate FAQs · Real Estate Licensing by Exam & Education Information ... Nov 19, 2022 ... Pending status in real estate means that a property is under contract and all contingencies have been satisfied, meaning that a closing is ...