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What Does Sale Pending Mean When I’m House Hunting?
What Does Sale Pending Mean When I’m House Hunting in Charlotte?
Many potential home buyers begin their home search online even before they hire an agent. Perhaps you’re browsing available homes and suddenly you come across your dream home! It has everything you want and fits neatly into your budget. However, you notice the status, “Sale Pending.” What does it mean? Should you give up hope on your dream home for sale in Ballantyne? Read this article to find out what sale pending means and steps you can take to snatch up the perfect home!
What Does Sale Pending Mean?
A pending sale means that the seller has an offer but has not yet closed. The moment a contract is executed, a property is pending sale. However, it is still not officially sold and there is a still a chance that the sale won’t go through.
Two primary instances would be if the house inspection doesn’t check out or if the buyer can’t pull together the financing. Even with a sale pending status, you could still land that particular dream house for sale in Lake Norman.
Make Your Interest Known
If you see a pending sale that you are interested in, let your agent know! ... more
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