The lender also has to approve. Depending on the lender, it could take weeks or months to get an answer. In Hawaii, we do not change to pending until FINAL LOAN APPROVAL. After all inspections and surveys are in and signed off on.... more
Pending AB means - pending (or escrow open) but accepting back offers. I am not 100% sure about Contingent with Short Sale, as we do not use that in California, however, I believe this means the seller has accepted an offer, submitted it to the short sale lender and it is now just waiting on the lender's agreement to take less than what is owed on the property as payment on the debt. Hope this helps and Dare to Dream.
Real Estate Consultant
RE/MAX Palos Verdes Realty