What does pending but continue to show mean?
This status is Pending Continue to Show (PCS) and is used to show that the listing is pending and that the sellers have directed the participant to continue to show the property and seek agreements of sale. Pending and pending Continue to Show are very similar. Their definitions are included below with the bold sections showing their differences.
What does pending mean in real estate transaction?
While pending certainly means that the seller has accepted an offer on the home, formal ownership has not yet been transferred to the buyer and no money has been transferred to the seller. In other words, a real estate transaction is yet to take place. It can be difficult to make an offer on a home that's pending sale.
Why does my FedEx order say pending?
- Pending; could mean your package is at the station awaiting to be scanned into a vehicle for delivery.
- There could be an issue in transit, whether if it’s Express, there could be a flight or vehicle delay. ...
- As for “No scheduled delivery date” your package might be mis sorted or lost at the time of that message. ...
Does a pending transaction mean it went through?
Does a pending transaction mean it went through? A pending transaction does not mean the payment went through. Showing a pending transaction only indicates a payment is attempting to be performed. Most transactions will be approved, but a transaction can be canceled, expired, or denied. You should not try to spend money that shows as pending because the funds are not available.
What does it mean its pending?
1 : not yet decided : being in continuance the case is still pending. 2 : imminent, impending.
Does pending mean accepted offer?
When a home has a pending offer, it means that a buyer has made an offer that the property's seller has accepted. The sellers and buyers are now just waiting to close the sale of the property, whether the buyer is making an all-cash offer or plans to finance the purchase of the home with a mortgage.
Does pending mean not available?
A pending transaction of any kind is one that's getting ready to happen. The bank is aware that action has been taken, but the funds have not yet been either withdrawn from your account or added to your account in the case of deposit – at least not officially and finally.
Does pending mean its sold?
A pending sale in real estate simply means that the seller has received and accepted an offer on their home. However, the deal is not yet finalized — hence “pending” and not simply “sold.” If you're interested in a pending property, your agent should consult with the seller's agent to learn more about the status.
How long does pending transactions take?
Usually, a pending charge will show on your account until the transaction is processed and the funds are transferred to the merchant. This could typically take up to three days but may stretch longer depending on the merchant and the type of transaction.
How do I win a pending offer?
How To Beat A Contingent OfferMatch the competing offer or exceed it (the escalation clause)Agree to waive all contingencies in the contract.Agree to waive some contingencies.
What does balance after pending mean?
Your balance is the current gross amount held within your account. Your balance after pending is the amount you currently have available to spend, taking into account the amount of money in your account and any recent transactions not yet cleared.
Why does my check say pending?
When you deposit money into your checking or savings account, the money will show as 'pending' until it the funds are verified and added to your available balance. The reason banks show pending deposits, is so that you know the actual deposit is processing.
Why is it taking so long for my pending transactions to go through?
This may be because a merchant wants to check you have enough funds available or you made the transaction outside of your issuer's business hours. It's important to understand pending charges as they will affect how much credit is available on your account.
Can you make an offer on a pending house?
So, can you put an offer on a house before selling your own? The simple answer is yes, you can offer on a house before selling your own.
Can I still show my house after accepting an offer?
Once an offer has been made and accepted and a closing date is set, it is pretty late for an agent to be showing a home. At that point, it is usually pretty certain that any deal will go through. However, unless the contract says otherwise, the real estate agent has no legal obligation to stop showing the property.
Can I outbid an accepted offer?
You may have heard the saying "buyer's remorse," but did you know that there is actually a legal way to back out of an accepted offer? If your Offer Acceptance Clause includes contingencies and earnest money, then it's perfectly legal for buyers who want their deposit refunded.
Examples of pending in a Sentence
Preposition He is being held in jail pending trial. She received a four-year sentence and is currently out on bail pending appeal.
Legal Definition of pending
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What does "pending" mean in a sale?
If a property is pending, the provisions on a contingent property were successfully met, and the sale is being processed. Eventually, the sale moves to “ pending ,” which means the issues have been resolved, and the deal is almost done.
What Does It Mean When A House Is Pending?
A pending sale means that a seller has accepted a successful bid from a buyer. This usually means the contingencies have been worked out, and the buyer is locked in on the sale.
How Long Is A Home Sale Pending?
But on average, homes are listed as pending for between 30 – 60 days. If the buyer is paying in cash, they may close on the house much sooner.
Why Might A Pending Sale Fall Through?
There are many reasons why a pending sale could fall through. One of the most common reasons is that financing issues suddenly come up. For instance, if the buyer’s loan application is denied and they’re unable to secure financing, the sale cannot proceed.
Why are homes listed as pending?
Homes are listed as pending because even though they are under contract, they haven’t sold yet. There’s always a chance the sale could fall through – for instance, the buyer’s financing could fall through.
Is a property contingent?
One of the things you’ll occasionally come across is that a property is listed as contingent. There is a difference between contingent and pending offers in real estate.
Is a pending sale the same as a final sale?
When you find a home you love only to see it’s listed as pending, this can be very disappointing. But a pending sale is not the same thing as a final sale. The pending offer could still fall through, and there’s a chance you could buy that home.
What does sale pending mean in real estate?
A pending sale status means the seller has accepted an offer from a hopeful buyer, but the deal hasn’t closed yet. (This is different from a contingent sale.) A property is placed in pending status the minute a contract is executed.
1. Make your interest on a sale pending home known
Think you’re wasting your real estate agent’s time when asking about a sale pending home? Think again.
2. Get the dirt on the home
While you’re at it, call the listing agent. The agent might have some insight on parts of the contract that aren’t firm. Try to suss out how many other offers there are on the home and whether there are any potential concerns about the initial bid. You can use those to your advantage in your own bid.
4. Use a personal touch
If you’re certain that this place is your dream home, tell the seller. Send a handwritten letter explaining why you want the property, and your hopes for it. That human connection could be a significant factor in the seller’s decision.
5. Be aggressive with a capital A
Err on the side of being pushy and tenacious, even if that isn’t your normal style. That way if the initial sale does fall through, yours will be the obvious backup offer. Be available for phone calls, check your email, and follow up with your agent often.
Ok, so how do I get my dream home?
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What does "pending" mean in banking?
What Does Pending on a Bank Account Mean? If you see the word "pending" on your online banking site or app, it generally refers to a deposit or payment that the bank is aware of but is still processing. If it's a deposit, remember that it won't be reflected immediately in your bank balance, so you may be at risk of overdrawing your account ...
What is pending in a bank account?
Pending Deposits and Charges. If you access your bank account online or over the phone, you might encounter some deposits and charges listed as pending. Those could include check deposits , automatic payments such as payroll deposits or charges you've made with your debit card. Those are all transactions that the bank is aware you have made ...
What is an unlisted pending transaction?
Unlisted Pending Transactions. It's also possible to have transactions to your bank account that aren't listed on your online account portal at all. For instance, you might have written someone a check, and that person hasn't taken it to the bank yet, or you could have made a purchase with your debit card that isn't yet reflected on your account.
What happens if you have pending charges on your bank account?
On the other hand, if you have pending charges to your account, those funds ultimately will be deducted from your balance. Make sure you don't end up spending more than you actually have.
Do pending transactions have to be processed first?
Also, it's important to remember that pending transactions aren't processed in any particular order. Just because one transaction was started first doesn't mean it will be finished first, so you shouldn't assume that a deposit will finish processing before a later charge or withdrawal when figuring out how much money you have to spend.