If you put forward an offer to purchase its not binding until the seller accepts it. Then there is still the question of bond approval. The offer to purchase should state that you have 30 or 60 days to secure a bond failing which the contract/offer to purchase shall be nul and void. Read ALL the clauses carefully before you sign. If necessary take it to a reputable conveyancer to make sure that the contract will not be binding unless you secure a bond. Hope this helps!
Source: 4 Years experience in Conveyancing
41 mths ago