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12-21-2009, 02:20 PM #1
Renter
- Join Date
- Jun 2009
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- 14
Contract/Offer on property
What is the difference between placing a contract on a property and making an offer on a property?
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12-22-2009, 05:33 AM #2
Moderator
- Join Date
- Sep 2007
- Location
- Outer Banks
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A buyer makes an offer to a seller. When the seller signs the offer and gives it back to the buyer it is now a contract. A contract is enforceable and an offer is not.
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12-22-2009, 01:21 PM #3
Renter
- Join Date
- Jun 2009
- Posts
- 14
contract/offer on property
Thanks for the prompt reply; that really clears it up for me.



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