When does the buyer need to secure homeowners insurance for a pending property?

Jul 8, 2023 ... The main difference the seller is not interested in entertaining any backup offers and the home is no longer available to show. Sometimes we ... Jun 8, 2022 ... That's what I thought too... that "pending" means that the home has "passed" inspection, appraisal, and financing and the only thing that would ... What Does It Mean if A Home is Pending? Now that the seller and the buyer have agreed to each other's terms and all contingencies have been met, the home is ... Jul 23, 2021 ... For a home to be listed as pending, that means the home is under contract and there are no longer any contingencies on the sale. Once a property ... Sep 4, 2020 ... It simply means that the property is under contract with a buyer. The contract could still be in the Due Diligence process, or it could 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 ... 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 ... Sep 13, 2023 ... Under contract comes right after a buyer's offer is accepted, while pending sale is the last stage before finalizing a deal. While contracts can ... Jun 4, 2024 ... Under contract means a buyer has accepted an offer but the sale will proceed after contingencies spelled out in the contract are met. Pending ... Jan 23, 2025 ... What does pending mean in real estate? A pending property means the seller has accepted an offer, and all contingencies—such as inspections or ...