Sarasota Real Estate Real Estate Blog

What does 'Sale Pending' Mean?

Sale Pending homes for sale

What does 'Sale Pending' Mean and Should I Still Make An Offer?

Sometimes, when you are house hunting, you discover the perfect home only to be dismayed when you find out there is a sale pending on the home. Hope is not always lost, and in some cases you can still get a contract on the home of your dreams.

Meaning of 'Sale Pending'?

A house with a pending sale basically means that there is a contract to buy that property and it is close to settlement. However,there are still things which may go wrong and cause the cancellation of the contract, such as the buyers changing their minds,job loss of the mortgagee, rejection of a mortgage loan and contract contingencies which fall through.

What Are the Reasons a House Sale Falls...

Top 5 Myths When It Comes To Selling Your Home

Top 5 Myths About Selling Your Sarasota HomeThere is plenty of advice that people can receive about buying and selling real estate. However, not all the advice is true. The fact of the matter is that people can lose money and time due to information that is inaccurate. After talking to our Sarasota Realtors®, we've highlighted five myths in real estate to be aware of. Debunking these myths can help potential homebuyers sell their property.

1. Myth: Potential homebuyers can paint over colors they do not like within a home.

Reality: Homebuyers do not want to take the time to paint walls even though they can. One of the best ways to enhance the look of an interior is to paint walls a neutral color. Such a color can help a home look fantastic when people are looking at photographs on the Internet. The...