I am looking to purchase my first rental property

I am looking to purchase my first rental property

Member since 2022 · 1 post · 0 votes

Hello all,

what a beautiful discovery this forum has been, I have already found so many resources tools, and great advice. 

 what does this mean?

StatusUnder Agreement.

Property is corporate owned. Property is sold AS IS with no warranties, guarantees or representations either expressed or implied by agent or broker being sold. All offers are contingent upon receipt of a fully executed and mutually acceptable P & S agreement & all sellers’ addendums.

Thank you in advance.

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  • Matt PursleyPro Member
    Investor · Greensboro, NC · Member since 2020 · 96 posts · 73 votes
    4y

    Which part are you unsure of? 

    The "Under Agreement" part? 

    It means they have accepted an offer and are moving forward with selling to someone else. It's not a done deal yet but they're working towards it. 

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