What happens if the appraisal comes in at or above the purchase price for a pending property?

A property is considered pending after the owner has accepted an offer from a buyer. ... What Does Off-Market Mean in Real Estate? In a hot market with limited ... 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 ... Jan 15, 2024 ... Pending. A pending status on a listing means that the Seller of the listing has accepted an offer on their home, but the transaction has not yet ... For those of you wondering, “What does pending mean in real estate,” it basically means that the seller has accepted an offer from a buyer. They have agreed on ... What does pending mean in real estate listings? Basically, sale pending—or offer pending—means a buyer has submitted an offer on the home and its seller has ... May 3, 2024 ... A home listed as pending means there's an offer on the home – and unless something goes wrong with the sale – you may have missed your chance to buy the ... Jun 4, 2024 ... Under contract means a buyer has accepted an offer but the sale will proceed after contingencies spelled out in the contract are met. Pending ... 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 ... Mar 27, 2025 ... Call reluctance is a career-killer for real estate agents. That stomach-churning fear of rejection or fumbling a call is normal—but it's not ... Jan 17, 2020 ... When a property is marked as contingent, it means that the buyer has made an offer and the seller has accepted that offer, but the deal is ...