Porsche's electric Mission E Tesla fighter will be offered in three power levels Report: Porsche's first electric sedan will kick off range with 402 hp, stretch to 670 hp . January 2, 2018
Real Estate Under Contract. The real estate term âunder contractâ means that a binding agreement exists between a buyer and a seller involving property. The buyer and the seller are in agreement with the terms in the contract. When a property is under contract, the seller may not enter into contract with any other buyer.
A short sale means that your contract is below the amount of the loan that exists on the property. The mortgagee will look at the offer and decide whether to accept it. It can take a while for that to happen, but in the meantime the house is under contract. By you. The real estate term âunder contractâ means that a binding agreement exists between a buyer and a seller of property. The buyer and the seller are in agreement with the terms in the contract. When a property is under contract, the seller may not enter into contract with any other buyer.