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Updated about 11 years ago,
Realtor.com
Please enlighten me, anyone. When I search for properties, especially in the NYC area on realtor.com, I see the word "pending" beside the list price. Also the status shows "pending banks approval." What does this mean?
I do not want to believe that it means under contract since that shows for almost all the properties in the Brooklyn, Queens, Bronx area.
Any help is appreciated.