March 29, 2010

Pending BU Requested

Have you been wondering what Pending BU Requested means? With more home buyers initially searching for homes on the internet, this is a question that I have been hearing asked more often.

Pending BU Requested means that the property has an accepted offer, but there are contingencies with the current offer. The Seller is encouraging back up offers in case the current offer fails in some way. The current offer could be contingent on financing, approval of the home or septic inspection or acceptance of the Title contingency. It is a way that homeowners keep their property on the market in case the current deal falls through the property can continue to be marketed until the sale is final.

I would be happy to answer any real estate questions you may have . Feel free to contact me if you are interested in buying or selling  real estate  in the Whatcom County, Washington area. I would be honored to assist you.

Posted in General, Helpful Topics
Share This Post
Please enable Javascript to comment on this blog

Sites We Follow