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Updated over 10 years ago on . Most recent reply

User Stats

222
Posts
38
Votes
Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
38
Votes |
222
Posts

What does "under contract" mean?

Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
Posted

I keep on hearing the phrase "under contract" on podcast, BP community posts, real estate books, etc.

Most of the time it is used in convos focused on wholesaling, but I have heard/read it in discussions about other real estate transactions.

What does "under contract" mean?

Thanks, Chris

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