Why Do Pending Home Sales Fall Through?

Can you still make an offer on a house that is pending?

Can you still make an offer that the seller may like more? Typically, the listing agent is no longer accepting offers once the property is listed as pending sale, so you won’t be able to place your bid. But real estate deals can fall through for a variety of reasons, so a pending sale isn’t a done deal.

Why is a house pending continue to show?

Pending means that the seller does not want to show the property to any other buyers at all. Pending continue to show means that the seller is moving forward with the current buyer in good faith. However, the property will continue to show through the listing agent.

Why do home contracts fall through?

A common reason a real estate deal falls through is because there are issues with the bank appraisal. If a bank appraiser determines that the value of the subject property is thousands of dollars less than the sale price, this is typically when a real estate deal can fall through.

Why would a house be pending for so long?

Reasons why pending offers can take longer

Those include things like inspections, or a delay with the survey, appraisal, or even the homeowner insurance. Here are a few other issues to be aware of.