Augusta
VIP Contributor
Starting out to buy a property will need you engaging with an agent which can also be the seller. You can't have a purchase agreement without the compliance of a seller. So with property purchase two parties are always involved which are the seller and the buyer.
Now,both parties start negotiating for the purchase. So when a buyer and seller agree on a purchase agreement, the property or home to be purchaded falls under “under contract” status.
What this status means is that both the buyer and seller are legally obligated to go on with the sale provided the conditions for the purchase are met.
Now,both parties start negotiating for the purchase. So when a buyer and seller agree on a purchase agreement, the property or home to be purchaded falls under “under contract” status.
What this status means is that both the buyer and seller are legally obligated to go on with the sale provided the conditions for the purchase are met.
