Sale Pending: What Does This Mean?
The search for a house can be stressful and filled with lots of jargon that can make it difficult for someone new to the real estate world to figure out what is going on. One of the most common terms that people might see on the MLS is "sale pending." What does this mean, and how should people interpret this? An Overview Of Sale Pending If a listing says that it is "sale pending," it means that the buyer and the seller are under contract. While the deal is not yet set in stone, it means that the seller has…