When a buyer is within the option period—a brief window of time to view the property and potentially withdraw—the seller has accepted an offer, and the buyer is said to be "option pending" in that context. The deal may still fall through during this due diligence phase because it isn't yet fully under contract.
What does option pending mean?
"Contract pending" in real estate refers to a situation in which the buyer and seller have signed a purchase agreement and agreed on terms, but the sale has not yet closed. Before the deal is completed, requirements like financing, inspections, and appraisals must be met during this time. Technically, the property is still not for sale.
It could mean, "Line of Business".
In real estate language this means that there is no active listing for the condominium, advertising it for sale.
Price change
What does option pending mean?
No. A sale pending implies that the property is under a binding contract.
A pending or recent zoning change
"Contract pending" in real estate refers to a situation in which the buyer and seller have signed a purchase agreement and agreed on terms, but the sale has not yet closed. Before the deal is completed, requirements like financing, inspections, and appraisals must be met during this time. Technically, the property is still not for sale.
Real estate can be a good investment option due to its potential for long-term appreciation and rental income. However, it also comes with risks such as market fluctuations and maintenance costs. It is important to carefully research and consider factors before investing in real estate.
Your only option will be to sell your real estate to another owner.
A real estate ETF is a fund that invests in a diversified portfolio of real estate-related assets, while a REIT (Real Estate Investment Trust) is a company that owns and operates income-producing real estate. The key difference is that a real estate ETF provides exposure to a variety of real estate assets, while a REIT focuses on owning and managing specific properties. For someone looking to diversify their portfolio in the real estate sector, a real estate ETF may be a better option as it offers broader exposure to different types of real estate investments, reducing risk compared to investing in a single REIT.
now a days Facebook is also a very good option.....
The NJ Real Estate Show - 2010 Lease with an Option to Purchase 1-15 was released on: USA: 4 January 2011
boe
by the space
In real estate, RSF means rentable square feet.