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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. An offer has been accepted, and the sale is expected to close.

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A Seller’s Home Appraisal Checklist: A Cheat Sheet for Your Home’s Final Exam

HomeLight

You’re so close to closing. The only thing that stands between you and a sale is the appraisal. The appraisal is usually the last piece of the loan package to be completed before closing. So, anything a seller can do to make sure the appraisal goes well contributes to an on-time closing and smooth sale.

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