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  2. What is a cash offer on a house, and should you make one? - AOL

    www.aol.com/finance/cash-offer-house-one...

    Pros and cons of an all-cash offer. If you can afford to buy a house without a mortgage, you’re likely in a good spot with your bank account. However, make sure you weigh the potential upsides ...

  3. Cash offer - Wikipedia

    en.wikipedia.org/wiki/Cash_offer

    This differs from a pre-approval letter, which is a formal estimate of what a buyer can afford - not an obligation. A commitment, however, does not account for the appraisal contingency, which can adversely effect the strength of a mortgage offer in competitive markets. [3] Not all cash offers are alike.

  4. 4 Costs To Backing Out of a House Offer - AOL

    www.aol.com/4-costs-backing-house-offer...

    When making an offer on a house, buyers typically submit what’s called an earnest money deposit as a show of good faith. This deposit, usually ranging from 1% to 3% of the purchase price, is ...

  5. Invitation to treat - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_treat

    The offer is made by the intending buyers in the form of bid. Such an offer (bid), when accepted by the fall of hammer or in some other customary way, will result in a (binding) contract. A contract is a legally binding voluntary agreement formed when one person makes an offer, and the other accepts it.

  6. Can you back out of a house offer once it’s been accepted?

    www.aol.com/finance/back-house-offer-once...

    What are the consequences if I withdraw an offer on a house? It depends on how far along your deal was. If you back out before a contract was signed, there are likely to be no consequences.

  7. Real estate - Wikipedia

    en.wikipedia.org/wiki/Real_estate

    Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

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