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. At this point, the property is typically removed from the market and is unavailable for other showings. However, the sale is not yet final.
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