Usually Pending means a contract has been agreed upon and fully executed, inspections done, and any problems taken care of or solutions agreed upon by both parties, contracts reviewed by each party's attorney, and the sale is pending the final closing.
Active Contingent, could be a variety of circumstances, but it means that there is a fully executed
contract on the table, but there are still contingencies that need to be taken care of, before the property will go into pending. During that time, more often than not a back up offer will be accepted, so that if
the contingencies will not be met and taken care of, the back up offers can then be negotiated..
I hope this explanation helps
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