What happens if the appraisal is low and the appraisal contingency is still in effect?

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, ... Pending status indicates that a property has an accepted offer and is moving toward closing, though the transaction is not yet finalized. This phase suggests ... Apr 20, 2022 ... Unlike contingent definition in real estate, pending meaning real estate simply implies that the particular transaction has no contingencies ... Oct 15, 2021 ... But a pending offer almost always means there's an “accepted and binding contract” between buyer and seller, according to real estate agent ... 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. Sep 30, 2022 ... When a property is marked as “pending,” it means that an offer has been accepted and any contingencies have been met. Homes in pending status ... 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 ... Feb 25, 2022 ... A listing will be changed to “pending” when the homeowner has accepted an offer from a buyer. This means they may have negotiated on a price and ... What Does Pending Mean in Real Estate? ... When a home listing moves from “Active” to “Pending,” the seller has accepted a bid, signed the contract, and sees no ... Apr 25, 2016 ... "PENDING" means that the property has an executed contract in title, which has moved past the negotiated termination option period. It also ...