What recourse does the buyer have if the seller causes delays in closing on a pending property?

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 ... Mar 28, 2023 ... When a property is in a 'pending' status, the sale will likely be completed soon. All contingencies have been satisfied, allowing for a smooth transaction. Oct 6, 2023 ... If this appears, it means that there is a fault or user error, so a listing has remained in “pending” status for more than 4 months. This ... Mar 27, 2014 ... It would be against most MLS's rules to make it Pending when there is no contract on the house and probably unethical by the listing agent. May 31, 2022 ... In the High Country of North Carolina's Matrix Multiple Listing Service, a property is marked as Under Contract when both the buyer and seller ... May 18, 2020 ... But deals fall through all the time so pending doesn't necessarily mean sold. Buyers may not submit a formal offer while a deal is pending but ... 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 ... Mar 19, 2025 ... Why are properties marked as pending? Typically, properties are marked as pending because the seller has accepted an offer, and all ... Dec 23, 2022 ... What is pending? Meaning in real estate. Pending in real estate is when a contract has been signed by both the buyer and the seller, but the ... Nov 6, 2024 ... What does "pending" mean in real estate? A pending sale status means the seller has accepted an offer from a hopeful buyer, but the deal hasn't ...