Question: Why Is My Option Pending?

Option pending means the home has a contract that has been accepted but the buyer now has to option to back out of the contract for any reason during the negotiated time period.

This means the buyers based on the terms of the contract the negotiated time for buyer approval for the loan has not been met yet.

What is the difference between option pending and pending?

Pending means they are out of the Option Period to back out of the Contract due to repairs. It means if there where any problems the seller and the buyer have work thru them and Pending is the last stage before they close. I hope this helps. Option Pending means that the transaction is still within the Option Period.

What does it mean option pending?

“Option Pending” means there has been accepted offer on a home and it is under contract in its “option period”. OP: Option Pending – The sellers have accepted a contract. This period is the time the buyers continue their due diligence and complete inspections.

What is pending status on a home?

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.) But there’s still a chance the home can be up for grabs again—say, if the home inspection doesn’t check out or the buyer can’t pull together the financing.

Why is my order still pending on Robinhood?

If your stop or limit price hasn’t been reached, your order will remain pending until there’s a buyer or seller willing to trade at your specified price. Keep in mind, the price displayed on the Robinhood app is the last trade price, not the price at which shares are currently available.

What is 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.

Can you show a house that is pending?

Realtors can continue to show a house that is pending. As I mentioned above, a pending sale is not final and therefore sellers may be interested in courting back up offers. If this is the case sellers will allow the Realtor or real estate agent to continue to show the property during closing.

What does C continue show mean?

Active Continue to Show: If a listing says “Active Continue to Show”, it means the Seller has accepted an offer on their property. It also says that the Seller will continue to show it for backup offers. Most agents keep a listing in this status until the Buyer has removed most of their contingencies (ie.

What does Har mean in real estate?

Texas real estate professionals (HARMLS subscribers) have real-time access to agent-only MLS information.

Does pending mean sold?

Pending simply means that a buyer submitted an offer and the seller accepted. This means that the home is basically sold, but the deed and title haven’t passed on yet. The buyer will need to cancel the sale first before the seller can consider your offer.

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.

Why do pending home sales fall through?

One of the most common reasons a pending sale falls through is that the buyer isn’t able to qualify for financing. To receive a pre-approval letter, the lender has typically checked the buyer’s credit, verified their documentation, and approved them for a specific loan amount, according to Investopedia.