What happens if the seller backs out of a pending real estate deal?

Couple checking on list of must have items with real estate agent. What Does “Under Contract” Mean? Flip ... However, the deal hasn't been closed yet, and a property with a pending status can still return to the market. Once a home is pending, sellers cannot legally ... Apr 18, 2024 ... A pending status means a home sale isn't complete. So, in theory, you could still visit the property. But if the seller signed a contract ... 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 ... Mar 17, 2022 ... — Common contingencies in real estate. — What does pending mean? — How often do contingent and pending offers fall through? — Can you make an ... 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, ... Once a buyer releases all of their contingencies – physical, loan, and any others – a property is pending sale. The buyer releasing these contingencies also ... When a listing says “sale pending,” that means that a buyer has offered to purchase the home, the seller and the buyer have agreed to terms on that purchase. Jun 26, 2023 ... When a home sale is marked as pending, it signifies that the seller has accepted an offer from a buyer. It also means the property is no longer ... 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 ...