What does pending mean on Movoto?

When a home's status is listed as pending, the seller has accepted the offer and all contingencies have been met . Although a listing is no longer active once it's pending, it will remain in that status until all the legal paperwork is completed and both parties have closed on the home sale.

Is Chicago real estate affordable?

One of the primary reasons for the affordability of Chicago's real estate is the high supply of homes . Chicago has a relatively high residential development rate, creating a surplus of housing units. This surplus, in turn, reduces their cost, making real estate purchasing more affordable.

Do pending sales ever fall through?

Pending means that the seller has accepted an offer, but there are several things that can go wrong until the transaction is final. Although a pending sale falling through is somewhat rare , it doesn't mean prospective buyers should skip past these homes.

Can you put an offer in on a pending house?

If the real estate listing has a pending status, it's still possible for you to put in a bid on the home yourself . But keep in mind: It's unlikely that the seller will be able to seriously consider your offer unless the other sale falls through.

Which Chicago suburbs have the lowest real estate taxes?

Which Chicago suburb has the lowest property taxes? Chicago suburbs with the lowest property taxes include Indian Head Park, Burr Ridge, Glenco, and Long Grove, Illinois .

What is the minimum salary to live comfortably in Chicago?

The Windy City ranked as number 61. According to SmartAsset, this is how much money a single adult needs to make in Chicago to not live paycheck-to-paycheck: Hourly wage needed: $47.38 . Salary needed: $98,550 .

Where is the cheapest place to live in Chicago?

Here are 10 of the most affordable neighborhoods in Chicago, depending on the type of amenities you like within your community. 1. Logan Square. Irving Park. Avondale. Humboldt Park. Pilsen. Uptown. South Shore. Albany Park. More items...

What does it mean when a property is listed as pending?

When a property is pending, it means the seller accepted a buyer's offer, and both parties agreed to a contract and met their shared requirements . A pending home is in the final stages of escrow and the closing process, which involves transferring property ownership, completing the purchase and signing final documents.

What does it mean when a house goes pending?

A pending sale in real estate simply means that the seller has received and accepted an offer on their home . However, the deal is not yet finalized — hence “pending” and not simply “sold.” If you're interested in a pending property, your agent should consult with the seller's agent to learn more about the status.

What does pending show mean?

“Pending” means that the seller is confident the sale will close and does not want to show the property to any other buyers at all . “Pending continue to show” means that the seller is moving forward with the current buyer in good faith.

What does pending mean on real estate app?

What does “pending” mean in real estate? A pending sale status means the seller has accepted an offer from a hopeful buyer, but the deal hasn't closed yet . (This is different from a contingent sale.) A property is placed in pending status the minute a contract is executed.

South Suburban, IL Real Estate & Homes For Sale

1,054 Homes

$78,999

3 Bd

1 Ba

680 Sqft

14403 Irving Ave, Dolton, IL 60419 - For Sale

New 1 Hour

$319,000

5 Bd

3 Ba

315 Memorial Dr, Calumet City, IL 60409 - For Sale

New 2 Hours

$247,000

4 Bd

2 Ba

1,696 Sqft

6,874 Sqft

15109 Waterman Dr, South Holland, IL 60473 - For Sale

New 2 Hours

$129,900

2 Bd

2 Ba

1,211 Sqft

14438 Murray Ave, Dolton, IL 60419 - For Sale

New 6 Hours

$110,000

2 Bd

2 Ba

900 Sqft

$122/Sqft

300 Park Ave #743, Calumet City, IL 60409 - For Sale

New 20 Hours

$200,000

4 Bd

2 Ba

2,000 Sqft

6,251 Sqft

13849 Park Ave, Dolton, IL 60419 - For Sale

New 21 Hours

$275,000

3 Bd

2 Ba

1,600 Sqft

2035 Maple Rd, Homewood, IL 60430 - For Sale

New 27 Hours

$252,500

3 Bd

2 Ba

1,211 Sqft

31 E 122nd St, Chicago, IL 60628 - For Sale

New 42 Hours

$129,000

3 Bd

2 Ba

1,200 Sqft

1500 Shirley Dr, Calumet City, IL 60409 - For Sale

New 44 Hours

$260,000

3 Bd

2 Ba

1,330 Sqft

6,717 Sqft

619 Escanaba Ave, Calumet City, IL 60409 - For Sale

New 2 Days

$149,950

3 Bd

2 Ba

1,150 Sqft

4,792 Sqft

12727 S Page St, Calumet Park, IL 60827 - For Sale

New 2 Days

$134,500

3 Bd

1 Ba

1,020 Sqft

5,227 Sqft

15928 Gauger Ave, Harvey, IL 60426 - For Sale

New 2 Days

$230,000

8 Bd

3 Ba

40 E 151st St, Harvey, IL 60426 - For Sale

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South Suburban, IL Market Overview

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1,445 Homes for Sale
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What does pending mean on Movoto? ›

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