What does it mean if house goes from "pending" to "pending continue to show"

The Pending period starts after the OptionPending period ends, where the buyer has the right to back out. In the pending period sometimes the buyers mortgage process is still going on and the seller might still show the house to other buyer/s for any back up offer/s.

Hi Mrs. Sanchez,
If it went from pending to pending continuing to show, there is a possibility that the seller or agent is concerned that their current contract may not be able to close so they are "continuing to show" the home to possibly get a back up offer. If that is the case then make sure that you are ready with you Realtor and they gave went over with you want to expect to elevate any surprises. Also they can go over the neighborhood stats to make sure you are not over paying. Most importantly your full-ime Realtor will be able to get he seller to pay for or give you the max amount of money towards closing cost and appliances if needed, this has been what my clients were most pleased about aside from clisn't service since it allowed them to save thousands at the closing table .

If you have any questions,
Please give me a call, text, or email
Thanks
Eboni Taylor
Keller Williams Realty
Emtaylor@kw.com
832-453-7440

Hello Vansanch. No, not all "pending" homes go to closing. However, a majority of them do close. If you see any type of pending status, that means a contract has been signed between a Buyer and a Seller and both are working their way to closing. When it says "continue to show", it means the Seller is looking for a back up offer that could fall into place if the first Buyer cannot close. There are other types of "pending" you will see on HAR and other web sites, but this is the most common as the Buyer is still working on a contingency....typically getting a loan finalized. In can get frustrating. Please call me to discuss how we help our Buyer clients sort through all of this. Mark McNitt, Bernstein Realty. 832-567-4357

"Pending continue to show" may also be an indication that the offer accepted has contingencies, such as that buyer needs to sell their home in order to purchase the home. In this case, a seller may be open to considering other offers without contingencies. The best information to know which scenario relates to a property is your Realtor.

I look at "pending" being the agent/parties are confident in the sale closing. Then I look at "pending continue to show" seller and agent are wanting back-ups incase it falls thru. Confident and not so confident is my solution. :)

Something else to consider is a listing with Pending Continue to Show status continues to be marketed on an agent's website and other places that promote the agent. Listings with a Pending Status are not marketed online. For this reason, many agents will keep their under contract listings in the PS status instead of the P status.

Vanessa, Great question!!! Pending "P" status and Pending Continuing to Show "PS" status are only different in one way: Pending says the seller is not accepting any further showings while Pending Continuing to Show means the seller is allowing other potential buyers to see the property still. In the case of both of these statuses, the Option Period has already passed if there was one and in many cases the transaction will move forward and close. However, you must keep in mind that literally anything can happen still. Some examples: what if the buyer is forced to move out of the country for work and no longer wishes to buy the home because he will not be living there/ what if the buyer goes out and buys a new Ferrari and can no longer obtain financing on the home/ what if the home doesn't appraise and the buyer and seller can't come to an agreement. In all of these scenarios and SO many more, the contract would bust out and the house may come back on the market, if the seller still wanted to sell. So in the matter of unpredictability, continuing to show the property could be a good option for sellers because you may obtain some backup options in the case that the contract does fall out for some reason and the house becomes available again. Your REALTOR can find out what the story is for you by calling the listing agent of the home that you are interested in. If you have any further questions, please feel free to reach out to me anytime by call/text/email 832-373-9755---cody@interohouston.com