What does "pending - showing for backup" mean?

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 ... Mar 5, 2021 ... A sale pending (or active under contract) status simply means that the home seller has accepted an offer from a potential buyer, but the deal is yet to close. 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 ... Jun 5, 2023 ... Pending is the last stage of the selling process. This is when the buyer has released all of their contingencies and this property is pending sale. Apr 12, 2022 ... A pending sale in real estate simply means that the seller has received and accepted an offer on their home. However, the deal is not yet finalized. Mar 31, 2016 ... The fundamental meaning of Pending is the period where the funds being used to purchase the property are in process of being released to the seller. 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 ... 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 ... If a house is marked Sale Pending on the Iowa City MLS it means that the buyers contingencies have been met in the purchase agreement. Inspections have been ... 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, ...