What steps should the buyer take to ensure a smooth transfer of utilities after closing on a pending property?

Feb 2, 2024 ... A pending status on the house indicates that a real estate transaction is in progress and nearing closing. All contingencies have been met, and ... 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 ... "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 ... 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 ... A “contingent” status means the seller has accepted an offer, but the sale is subject to certain conditions (i.e., inspections or financing). · For homes listed ... Jun 5, 2023 ... Pending is the last stage of the selling process. This is when the buyer has released all of their contingencies and this property is pending sale. 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 ... 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 ... Mar 9, 2024 ... Pending means a buyer's offer has been accepted by the seller, and all contingencies outlined in the contract have been met. 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 ...