Contract - pending means the house has an agreed upon executed contract between Buyer and Seller. The Option period (inspections have been completed and repairs have been agreed) for inspections has passed. During "pending" the house is under contract, the buyer and lender if applicable will be getting information together for mortgage approval, agreed upon repairs will be made, the title company is working on getting clear title (ownership) and the parties are doing what is needed for the house...

Contract - pending means the house has an agreed upon executed contract between Buyer and Seller. The Option period (inspections have been completed and repairs have been agreed) for inspections has passed. During "pending" the house is under contract, the buyer and lender if applicable will be getting information together for mortgage approval, agreed upon repairs will be made, the title company is working on getting clear title (ownership) and the parties are doing what is needed for the house to close/sell. Hope this helps!