This Is Because While You A Property Is Under Offer It Has Been Sold Subject To A Contract Being Agreed And When The Property Has Exchanged It Has Been Sold Subject To The Terms Of That.
As already discussed, under offer, also known as “under contract” or “conditional”, means that there’s an. It means that a sale may remain conditional (or “subject to…”) for a lengthy period, and in the absence of a suitable offer the likelihood of the sale toppling over will be high. Put simply, a property that’s ‘under offer’ means that a buyer or multiple buyers have made the seller an offer to purchase the property.
Actually It Means That An Offer Has Been Accepted.
This means, if your state. What does ‘under offer’ mean? Under offer, unconditional, and sold:
Usually There Will Be Conditions.
8 november 2006 at 11:11pm. When someone makes an offer on a house but hasn't exchanged contracts yet, it means the property is ‘under offer.’. Under offer is a term used by estate agents which means a seller has accepted an offer.
What Does Under Offer Mean?
The famous marketplace is under offer, but the buyer wishes to remain. For a seller, ‘under offer’ means an offer has been made for the house and they have either accepted it, declined it, or are still considering it. Put simply, a property that’s ‘under offer’ means that a buyer or multiple buyers have made the seller an offer to purchase the property.
In Some Cases The Offer Will Normally Be Below The Asking Price.
When a house is under offer, the seller does. Under offer of a house or building, having an agreement in place for someone to buy the property. Generally there are several terms that estate agents will use so, under offer and sold subject to contracts.