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What is Under Contract?

Being under contract refers to a prospective buyer and seller reaching an agreement on a property. At this early stage, both parties are in alignment with the terms of the deal, including the property's price and closing date.


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tk legals
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Feb 26

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jerry
jerry
Mar 30, 2023

In real estate, the phrase "under contract" refers to when a seller accepts a buyer's offer to purchase their home. However, the location isn't taken into consideration.


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