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Updated about 7 years ago on . Most recent reply

Mark Delavan's profile image
Mark Delavan's profile image
Mark Delavan
  • from Conroe, TX
  • Member since May 30, 2018

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Mark Delavan's profile image
Mark Delavan's profile image
Mark Delavan
  • from Conroe, TX
  • Member since May 30, 2018
Mark Delavan
  • Conroe, TX
1
Votes |
2
Posts
Starting Out

Agreement Of Sale Vs. Contract

Mark Delavan
  • Conroe, TX
Posted

Hello!

I was listing to a BiggerPockets podcast about how an investor was able to get an Agreement of Sale to hold a house while he looked into it further. This term sounded a lot like putting a contract on a house. 

What is the difference between an Agreement of Sale and a contract? What are the pro and cons of each? 

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