What happens with the earnest money deposit after closing on a pending property?

May 17, 2024 ... What Does Pending Mean in Real Estate? Pending means that a sale is currently being processed. The sale either never had contingencies or had ... Oct 2, 2023 ... Pending means a property offer has been accepted and the contingencies met, but the sale hasn't been finalized yet. 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 ... Sep 30, 2023 ... When a home sale has a status of pending, it means that either the seller has accepted the buyer's offer without contingencies and they have ... 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 ... 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 ... 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 ... 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 ... 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 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 ...