What happens if issues are discovered during the final walkthrough of a pending property?

What Does It Mean if A Home is Pending? Now that the seller and the buyer have agreed to each other's terms and all contingencies have been met, the home is ... 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 ... Mar 31, 2022 ... In most cases no. A status of pending usually means that the buyer has passed all the requirements necessary and are just waiting to close. If ... 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 ... Once a buyer releases all of their contingencies – physical, loan, and any others – a property is pending sale. The buyer releasing these contingencies also ... Aug 2, 2024 ... Pending in real estate means the seller has accepted an offer, and certain conditions and contingencies have been met. 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 ... Pending - Waiting on Deliverables: This is for the background application ... Real Estate FAQs · Real Estate Licensing by Exam & Education Information ... 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 ... Sep 22, 2022 ... Pending means that both the buyer and the seller have signed a legally binding contract and are ready to advance. There are still questions ...