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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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jerry
jerry
30 mars 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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Peter Bately
Peter Bately
30 mars 2023

When a seller accepts a buyer's offer to buy their house, it is said that the transaction is "under contract" in real estate. The place isn't taken into account, though.

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Kiter Peter
Kiter Peter
29 mars 2023

This is very important for both parties. They make agreement upon this.

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