What is the difference between pending and contingent in real estate?

Mar 19, 2025 ... Why are properties marked as pending? Typically, properties are marked as pending because the seller has accepted an offer, and all ... "Pending” means that a contract is complete for selling a property with no conditions attached and the home is no longer considered an “active” listing. In ... Jul 1, 2024 ... Contingencies must be met before the contract can be legally binding. · Pending status is the last stage before closing. · A good real estate ... A property is considered pending after the owner has accepted an offer from a buyer. ... What Does Off-Market Mean in Real Estate? In a hot market with limited ... Oct 2, 2023 ... Pending means a property offer has been accepted and the contingencies met, but the sale hasn't been finalized yet. 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 ... 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 ... Jul 6, 2023 ... If a property is “pending,” it's either because there were no contingencies ever inked into the contract, or that all the contingencies have ... Aug 21, 2024 ... What does pending mean in real estate? ... Pending in real estate, also known as a pending offer, means the seller has accepted the offer with no ... 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 ...