Definition of Pending:
Pending Listing Orange County, Ca:
A home in Orange County that is set to close and all contingencies have been waived is in a pending status. This is when the lender, Title Company, and Escrow Company are processing the loan and title documents to insure that the deal closes on time. Occasionally the seller may still accept backup offers on pending listings, but it's best to contact to your BanCorp REALTOR® to find out if it's possible to submit this type of offer.