Was Does Sold Stc Mean?
Sold Stc Means 'Sold Subject to Contract'. in Layman's Terms This Means That the Seller and a Buyer Have Agreed a Price for the Property, However, the Final...
Sold STC means 'Sold Subject to Contract'. In layman's terms this means that the seller and a buyer have agreed a price for the property, however, the final contract which would make the deal irreversible has not been signed.
Can I put an offer on a house that is sold STC?
It is possible to make an offer on a house that is Sold STC. The property is still technically available as the contract is still pending. Other potential buyers may take this opportunity to enquire about the property and make an alternative offer to the seller.
What happens after sold STC?
What happens after Sold STC? The period after Sold Subject To Contract is when the sale actually comes together. Every detail of the deal is defined and contracts between the buyer and seller have been exchanged. By doing so, all parties in the sale are contractually obliged to make the purchase.
Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.
