What are the risks of waiving the appraisal contingency in a pending real estate transaction?

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 13, 2025 ... As we learned in our previous comparison, the Pending status of a property agreement means that the building is no longer listed in the market ... Feb 9, 2024 ... However, a pending status indicates that the property is likely on its way to being sold, and it might be better to focus your search elsewhere. Aug 28, 2023 ... A "sale pending" status indicates that a property has an accepted offer from a buyer and is currently in the process of moving towards closing. 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 ... Aug 16, 2024 ... What Does Pending Mean in Real Estate? ... In real estate, "pending" indicates that a seller has accepted a buyer's offer and both parties have ... 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 ... 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 ... Sep 4, 2020 ... It simply means that the property is under contract with a buyer. The contract could still be in the Due Diligence process, or it could have ... May 1, 2023 ... Does that mean the house is out of your reach? MLS status and code. Home listings have a wide range of terms to define what step in the selling ...