Originally Posted by cpaharley2008
It means that someone has made a deposit and that full price agreed upon has not been paid, just like when you purchased your Escape, you made a down payment and the trailer was not yours until you paid the balance due?
Like Jim said.
Offer accepted, down payment made, but financial transaction yet to be completed. Murphy's law is always ready to exert its influence so I don't want to say "sold" just yet and jinx the whole thing.