What is an appraisal contingency in a pending real estate deal?

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 ... Nov 19, 2022 ... Pending status in real estate means that a property is under contract and all contingencies have been satisfied, meaning that a closing is ... 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 ... A pending contract occurs when an offer presented by the buyer's agent to the listing agent is accepted. Once that offer has all parties' signatures then you ... Feb 24, 2021 ... “Pending” means that the sale is one step closer to conclude. In this case, the buyer accepted an offer with conditions, and they were met, so both parties ... Apr 6, 2023 ... Pending means they plan to sell the house to someone, but haven't completed the closing process. Once they finish the purchase or it falls ... 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. Both mean the property is expected to be sold, but they have different implications for buyers, sellers, and real estate agents. 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 ... Feb 9, 2024 ... However, a pending status indicates that the property is likely on its way to being sold, and it might be better to focus your search elsewhere.