What does it mean by 'Under offer', can I still buy a property? - PropertyInvesting.com

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juji0077
Member
@juji0077
Join Date: 2009
Post Count: 3
December 21, 2009 - 10:46 am
Hi i am a beginner for property buying, what does 'under offer' mean, can i still buy such property? many thanks in advance
duckster
Participant
@duckster
Join Date: 2004
Post Count: 1,674
December 21, 2009 - 11:05 am
This site explains it
http://www.homeiown.com/what-under-offer-and-under-contract-means/
http://www.investigateproperty.com/news/confused-misinterpreted-and-muddled-part-2/
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
December 22, 2009 - 9:43 am
It means that someone has offered a price and it is being considered but the offer hasn't been accepted yet. You still have a chance.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email Me
Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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