WebApr 12, 2024 · A pending sale in real estate simply means that the seller has received and accepted an offer on their home. However, the deal is not yet finalized — hence “pending” and not simply “sold ... WebTo understand what “sale pending” means, it helps to understand how typical real estate transactions work. A buyer generally makes an offer “subject to” a property inspection, a bank appraisal or full loan approval. …
Contingent vs Pending: What’s the Difference? Bankrate
WebApr 4, 2024 · When the current homeowner lists the house, it will have an “active” status, and as it moves through the home buying process, it may be updated to “contingent,” “pending,” “canceled” or “sold.”. If a property is marked pending, the provisions on a contingent property were successfully met, and the sale is being processed. WebA contingent listing means the seller has accepted an offer, but there are still conditions that need to be met for the sale to close. Interested buyers can often submit a backup offer. With a pending listing, the seller has accepted an offer and all conditions have been met for the sale to close. The deal is usually too far along for backup ... irish hen party t shirts
Pending with Release - what does it mean? - activerain.com
WebOct 1, 2024 · Real estate listings contain different terms in different places. Subtle differences in vocabulary can be big issues for sellers and buyers. When you talk to your real estate agent, ask for a rundown of the local real estate vocabulary. In this way, too, having a real estate agent on your side can help you make the most of your real estate … WebDefinition of Pending A home's status is changed to "Pending" or "Pending Offer" once it's set to close and all contingencies have been satisfied or waived. This is when the lender … WebApr 1, 2010 · Yes, you need to make sure that the lien has been released. Either the lender will send the release to the county or city Land Records office on your behalf and forward you the recorded release, or they will send you the recorded release, which you will then have to record. I have an equity line with a zero balance. irish help at home san francisco