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Buying & Selling Real Estate

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Wayne V.
  • Investor
  • New York City, NY
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122
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Under Contract - Sale Pending

Wayne V.
  • Investor
  • New York City, NY
Posted Jan 30 2015, 05:25

I've been following a property and have been trying to contact someone about it. The property is located about ten hours from where I live so I can't go there to follow up on it myself. I was finally able to contact a realtor in the area who told me that the status of the property was now "Under Contract - Sale Pending" . While I get the general idea of what that means, is that to say that it's a done deal or is there a possibility that the deal might fall through and that it will become available again? What's the best way to track it so I can find out why the deal collapsed if it does, and move quickly to close on it?

Thanks !!

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