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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. Gibson v Manchester City Council - Wikipedia

   en.wikipedia.org/wiki/Gibson_v_Manchester_City...

   The court held that the council's letter was not an offer, for the letter stated that "The Corporation may be prepared to sell the house to you" and that "If you would like to make formal application to buy your Council house, please complete the enclosed application form and return it to me as soon as possible." As there was never an offer ...

5. Offer and acceptance - Wikipedia

   en.wikipedia.org/wiki/Offer_and_acceptance

   Treitel defines an offer as "an expression of willingness to contract on certain terms, made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed", the "offeree". [1] An offer is a statement of the terms on which the offeror is willing to be bound.

6. How to buy a second home - AOL

   www.aol.com/finance/buy-second-home-180026197.html

   Go house-hunting. Make an offer. 1. Decide how you’ll use the second home ... you’ll receive a preapproval letter. Learn more: ... If you don’t plan to use the house much or intend to have ...

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

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

   Common reasons why buyers might back out of a deal: Their financing fell through. They unexpectedly lost their job. The appraisal came in too low. A major problem was found in the inspection