What is the role of the closing agent or settlement attorney in a pending real estate deal?

When a home is listed as “pending,” it means that there is a closing date set and that all contingencies have been met or waived. At this time, the lender and ... 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 ... Mar 27, 2025 ... Call reluctance is a career-killer for real estate agents. That stomach-churning fear of rejection or fumbling a call is normal—but it's not ... 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 ... If a home is listed as pending, it means that a deal has been made and moved to escrow until closing. A property can only go into pending status after all ... 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 ... 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 ... What Does Pending Mean in Real Estate? ... When a home listing moves from “Active” to “Pending,” the seller has accepted a bid, signed the contract, and sees no ... Apr 14, 2023 ... What Does Contingent Mean? As a general term, contingent means “upon certain conditions being met.” In the context of real estate, it means that ... The term pending house means the buyer and seller have agreed to each other's terms and all contingencies have been met so it's been marked as pending and is ...