Home Buying in Frankenmuth>Question Details

Crafty  Foxxy, Both Buyer and Seller in Frankenmuth, MI

this shows as pending does that mean someone is trying to buy it..?? could i build a garage attatched to the house on either side..??

Asked by Crafty Foxxy, Frankenmuth, MI Fri Mar 19, 2010

are both bedrooms on the main floor...???
is the basement dry..???

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Answers

4
Pending means the buyer and seller have an executed contract and the seller has taken it off the market for showings. It will not be marked Sold until it actually closes.

Tammy Hayes, Realtor
RE/MAX Palm Realty
tammyhayesre@gmail.com
0 votes Thank Flag Link Sat Apr 27, 2013
Pending means someone has put an offer in on the home and the sellers accepted, but the sale has not completed yet. The loan, paperwork, closing etc. still have to be completed. The home could be back up for sale if something goes wrong with the paperwork, loan, etc.
0 votes Thank Flag Link Sat Apr 27, 2013
Crafty,
Hopefully you have a local agent who can research your questions for you. You don't indicate what property you are asking about, so no one here can answer most of your questions. Dan is right about pending that means an offer has been accepted by the sellers and they are waiting to finalize the transaction. The seller may entertain a back up offer, but in most cases the first offer has precedence and will have to withdraw for you to buy the home. Should their financing fall through, or inspection issues they don't want to deal with come up, it is possible but not highly likely.
0 votes Thank Flag Link Fri Mar 19, 2010
First, pending means someone has started a contract to buy the house. It is not final yet. The deal could fall apart.

Second, not knowing the address or MLS# there is no way for anyone to answer that last part of your question.
0 votes Thank Flag Link Fri Mar 19, 2010
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