What are the seller's responsibilities when a property is pending?

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 ... Option Pending means somebody made an offer and the seller and buyer have agreed on the terms. Everyone has signed it, and the contract has been escrowed at the ... Aug 27, 2024 ... When you see a property listed as "pending," it means that a buyer has made an offer on the house, and the seller has accepted it. However, the ... In real estate, “pending” refers to a property that is under contract to be sold. This means that the seller has accepted an offer from a buyer, ... If a home is listed as pending, it means that a deal has been made and moved to escrow until closing. A property can only go into pending status after all ... Dec 22, 2022 ... What do these mean? In this article, we'll cover how real estate transactions work, the differences between pending and under-contract sales, ... Couple checking on list of must have items with real estate agent. What Does “Under Contract” Mean? Flip ... Mar 19, 2025 ... Why are properties marked as pending? Typically, properties are marked as pending because the seller has accepted an offer, and all ... Jul 1, 2024 ... Contingencies must be met before the contract can be legally binding. · Pending status is the last stage before closing. · A good real estate ... Apr 6, 2023 ... Pending means they plan to sell the house to someone, but haven't completed the closing process. Once they finish the purchase or it falls ...