What Does Option Pending Mean - The option period is the time where the buyer has the option of canceling the contract for any reason. Web option pending is in place during the option period. When a home sale has a status of pending, it means that either the seller has accepted the buyer’s offer without contingencies and they have both signed (i.e. However, the transaction is still in progress, and there are conditions that need to be met before the sale is finalized. If you see this status, the seller has accepted an offer on their property and won’t be staging, showing, and accepting new offers to give way for the buyer to conduct inspections. Option pending is also known as under contract option pending. It means the sale is pending until closing. Web what is pending status in real estate? The buyer and seller agree on the amount of the fee and the length of time for the option period. Option pending refers to a status given to a property when a buyer has made an offer and the seller has accepted it.
Option pending is also known as under contract option pending. Pending is after the option period and the sale is in escrow. Web what does option pending mean in real estate? Web what is pending status in real estate? However, the transaction is still in progress, and there are conditions that need to be met before the sale is finalized. Web option pending is in place during the option period. It means the sale is pending until closing. If you see this status, the seller has accepted an offer on their property and won’t be staging, showing, and accepting new offers to give way for the buyer to conduct inspections. Ratified) the purchase contract, or the contingencies that both buyer and seller agreed to in the purchase agreement have been satisfied or removed. The option period is the time where the buyer has the option of canceling the contract for any reason. When a home sale has a status of pending, it means that either the seller has accepted the buyer’s offer without contingencies and they have both signed (i.e. Option pending refers to a status given to a property when a buyer has made an offer and the seller has accepted it. The buyer and seller agree on the amount of the fee and the length of time for the option period.