Definition of Pending Offer:
Orange County Pending Offer Status:
A home in Orange County that is set to close and all contingencies have been waived is consider to be a pending offer. This is when the lender, Title Company and the Escrow Company are processing the loan and title documents to make sure the real estate transaction closes as scheduled. Sometimes, the sellers may wish to solicit additional backup offers on pending listings, but it's best to contact your agent to find out if it's possible to submit this type of offer.