Under Contract vs. Pending Sale in Real Estate Transactions
Realty Biz
JULY 25, 2023
This means that the buyer and seller have agreed on the terms of the sale. There may still be contingencies that need to be met, such as a home inspection or appraisal. If one of these contingencies is not met, then the sale can still be halted for the specific reasons set out in the contingency.
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