What does it mean a home is Pending? How is pending different than active contingent? How likely is a Pending home to accept a back-up offer? How likely is a Pending home to go back on market? In this week's Terms, Tech, & Tips Tues, I'm covering Pending as a status, and how it is different than Active Contingent, with some focus on what Pending means for buyers and sellers. Check it out, and then let me know what you think, what terms/tech you'd like me to cover next time, and all your real estate questions.
*This is general real estate advice to help you familiarize with real estate terms. This is not legal advice, and is not a substitute for consulting a real estate professional or lawyer.*
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