Buying a Los Angeles Home. What Does it Mean When a Property is Pending

I often get calls from people thinking of buying a Los Angeles home, who inquire about a property already in “Pending” status. What does “Pending” mean? In our MLS (Multiple Listing Service) we have four main statuses – Active (A), Under Contract (U), Pending (P), and Sold (S).  There are a few more, Hold, Withdrawn and Canceled, […]

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