What happens if the buyer and seller cannot agree on repairs after the home inspection of a pending property?

Feb 2, 2024 ... A pending status on the house indicates that a real estate transaction is in progress and nearing closing. All contingencies have been met, and ... A “contingent” status means the seller has accepted an offer, but the sale is subject to certain conditions (i.e., inspections or financing). · For homes listed ... Jan 23, 2025 ... What does pending mean in real estate? A pending property means the seller has accepted an offer, and all contingencies—such as inspections or ... May 17, 2021 ... You might also hear terms like “under contract” (meaning the house sale's contract is in process) or “closing period” (referring to the weeks ... Dec 23, 2022 ... What is pending? Meaning in real estate. Pending in real estate is when a contract has been signed by both the buyer and the seller, but the ... Jan 24, 2025 ... Pending means the house you are looking at has an accepted offer, and contingencies have been removed. This means this house is closer to being finalized and ... 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, ... 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. May 1, 2023 ... Does that mean the house is out of your reach? MLS status and code. Home listings have a wide range of terms to define what step in the selling ... Sep 13, 2023 ... Under contract comes right after a buyer's offer is accepted, while pending sale is the last stage before finalizing a deal. While contracts can ...