What happens if the buyer cannot secure financing before the mortgage contingency expires?

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. 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 ... Mar 2, 2023 ... Showing another buyer got there ahead of you to sign a contract with the seller. Usually, the pending status means the contract terms have been ... 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 ... Oct 31, 2021 ... Pending in real estate means that potential buyers have submitted an offer on a home and the seller has accepted the buyer's offer. The deal ... Mar 21, 2023 ... A house for sale that's pending means there is an accepted, binding contract, and all contingencies have been resolved. During this time, ... Dec 27, 2022 ... A pending sale may be referred to as “under contract” by some real estate agents. Regardless of terminology, the meaning is the same. A sale is ... 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 ... Mar 27, 2014 ... It would be against most MLS's rules to make it Pending when there is no contract on the house and probably unethical by the listing agent. Mar 18, 2025 ... In simple terms, 'pending' means all those 'ifs,' the contingencies, have been met, and the sale is moving full steam ahead toward closing. The ...