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Results 1 to 3 of 3
  1. #1
    Suzette is offline Renter
    Join Date
    Jun 2009
    Posts
    14

    Default Contract/Offer on property

    What is the difference between placing a contract on a property and making an offer on a property?

  2. #2
    Greg is offline Moderator
    Join Date
    Sep 2007
    Location
    Outer Banks
    Posts
    1,282

    Default

    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.

  3. #3
    Suzette is offline Renter
    Join Date
    Jun 2009
    Posts
    14

    Default contract/offer on property

    Thanks for the prompt reply; that really clears it up for me.

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