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Starting Out
HomeForumsStarting OutWhat does "under contract" mean?
Chris Stromdahl's profile image
Chris Stromdahl's profile image
Chris Stromdahl
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jul 19, 2014
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Chris Stromdahl's profile image
Chris Stromdahl's profile image
Chris Stromdahl
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jul 19, 2014
Connect
Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
38
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Starting Out

What does "under contract" mean?

Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
Posted Jul 31 2014, 21:45

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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