It means the seller has accepted an offer to purchase but the conditions of that offer have not yet been met by the buyer.
During this time, the seller can accept a better offer, although they will have to give the buyer 72 hours’ notice.
This is known as the 72-hour clause. It is included in the offer to purchase and the seller will usually refuse to remove it.
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Simply The Best
Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.
Tia J
Excellent Service
Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.
Brice G
Bond Application
Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.
Butana M