Property Q&A in Salinas>Question Details

Fannya, Other/Just Looking in 93901

what does pending mean?

Asked by Fannya, 93901 Sat Jun 6, 2009

--
This question is about this property: http://www.trulia.com/homes/California/Salinas/sold/5000619-…

Help the community by answering this question:

Answers

1
Hi Fannya-
Pending means that the home is in escrow. There's an accepted offer and the buyers are doing their inspections, getting their loan, etc. So while that "due diligence" period is going on the home is a pending sale.

There are actually three kinds of pendings that we typically use on our mls here. One is pending show (the buyers haven't removed all their contingencies), another is pending release clause (the buyers have another home to sell first), the third is pending (do not show-all contingencies are removed and it will close escrow shortly.

Hope this clarifies things for you and doesn't make it more confusing.
Regards,
Maureen Mason
Web Reference: http://www.maureenmason.com
0 votes Comment Flag Sat Jun 6, 2009
Search Advice
Email me when…

Learn more

Copyright © 2012 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer