My best advice to you, is to get with a professional local realtor who can help you find the perfect home. Check with family or friends, or use one of the great realtors that have already answered your question on this platform.
A realtor can keep watch on the houses that are already in escrow that you like. When one of those falls out of escrow and becomes available again, your realtor can jump on it for you.
Good luck with your search.
I love your spirit and level of optimism.
I never wish anyone ill will, and always hope that their transaction closes. In this case, when a property is PENDING, its in a transaction looking to close.
Its only IF there is an upset of some sort, wherein the buyer is unfortunately NOT able to complete the transaction that the property is brought back to market, to give others a second chance at buying it.
Inventory is scarce so I am NOT surprised to see this question. This year alone, we got lucky and I was able to get my client's offer accepted the second go-around... TWICE already :-)
Most Kindest Regards,
Cel : 951-266-9333
CARRINGTON REAL ESTATE
Chase Bank Preferred Agent 2008, 2009, 2010, 2011
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One Client, One Friend, One Dream Home At A Time...
Homes are selling quickly in today's market and the best scenario for you is to connect with a real estate professional like myself, that alerts you to homes as they come on the market. They are other beautiful homes to choose from in Victoria Falls.
If I can be of help with your home search, just give me a call (760-272-0753).
Once a home is gone pending it's essentially sold for all intensive purposes. The only way that another buyer can purchase his home is if the buyer who currently has a contract on it decides to pull out from the contract. I would recommend having your real estate agent take the property on the MLS for you. That way you can watch its activity so if it does go from pending back to active you can be one of the first people to see it.
Best of luck,
A property is Pending when it is in the Escrow process and under transition from the current owner to a new owner--The property therefore cannot be resold until the process is complete and the new
ownership is recorded-Of course the current escrow could be cancelled by both parties and therefore
remove the Pending status making it available for further marketing purposes-
Regards--Jim McIntyre-Broker- Tarbell Realty-Call me if you need additional clarification-
If it's listed as Pending, that usually means all contingencies have been removed and it's most likely going to close. Have your Realtor contact the listing agent to see if they are accepting Backup Offers. If they are, then submit one - in case it falls out of escrow. If they're not accepting Backup Offers, have your Realtor keep an eye on the property in the MLS to see if it goes back Active or into Backup status (in which case, then you could submit a Backup Offer).
Fredy Rodriguez ,CRS,GRI,SFR,E-Pro, HAFA, RSPS
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