Failing to close is a big time waster and you can even loose a real offer due to the "Sales Pending" status.

That was mid December, the matter is pending. 

Sold and pending properties is the data you want to analysis. 

(I keep a backup as well.)There is a checklist for "active", "pending", and "closed" files, and in order for the agent to be paid their commission share on the transaction, they must include everything on the lists within the file.

The seller can't do an option while a sale contract is pending.

This appears to be the second time the borrower has been in foreclosure, it appears this time they are planning on letting the house go since they did not respond to the lenders notice of foreclosure.The question I have on this is the lender on the first sent out notice to borrowers of pending foreclosure, nothing was sent to the recorded debt holder in second position.

  I contacted an individual who markets to recent Lis Pendes homeowners  but he's unwilling to send deals my way since I intend to rely on conventional funding.

My inspection has found a lead water main and asbestos tiling, nothing too crazy, with an oil tank sweep pending.

You can give an update on the neighborhood of the houses that are Active, Contingent, Pending, and Sold. 

You should never attempt to purchase a property with a loan modification pending, never!