So, instead of changing the status to conditional, they will mark it as pending in the multiple listing service (MLS). In some real estate markets, a contingent home might have its days on the market continue to increase as if it were still active for sale. Instead of the market time c...
A pending property means the seller has accepted an offer, and all contingencies—such as inspections or financing—are met or waived. It’s no longer an active listing and remains pending until closing, when all legal and financial requirements are finalized. Common contingencies in real estate ...
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