What Is A Good Counter Offer On A Home
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- Oct 25, 2016 · Buying a home is rarely as simple as making an offer and paying that offer out. Negotiations can go back and forth for weeks before the seller and buyer are both satisfied. The vehicle for this negotiation is the counteroffer — a vital and complex rejection and counter to an offer …
- Jan 19, 2021 · A counter offer is an offer given in response to a proposal that implies a rejection of the original offer. It turns the tables — now it is the original party who now has three options. The seller faced with a counter offer can 1) accept it, 2) issue another counterproposal, or 3) reject it.
- Feb 22, 2019 · According to Investopedia, a financial-education website providing consumer resources since 1999, a counter offer is a “reply to an original offer, which is greater or less than the original price. This type of offer voids a previous offer and the entity that presented that offer is no longer legally responsible for it.” Once a counter offer comes in, it changes the terms of a contract officially.Author: Allison Landa
- Jan 31, 2020 · Respond to counter offers in a timely manner, but know that sellers may try to rush you. Counter offers typically come with an expiration date.In many markets, 48 hours is the customary acceptance window, but in a hot real estate market, an offer may …Author: Amber Roshay
- Dec 05, 2019 · In some areas, sellers can counter more than one offer simultaneously. More than this, each counter can be different in terms and price, too. Generally, most real estate agents do not recommend that sellers make multiple counteroffers at once, as it could lead to two, legally binding contracts simultaneously.
- The seller makes a counter offer back to you. In real estate terms, this is appropriately referred to as the seller-to-buyer counter offer. In most cases, the counter offer will include changes to one or more of the following items: Sale Price; Closing date; Contributions toward closing costs; Contingencies requested by the buyer; Earnest money deposit; The sale price is the most commonly changed item in the seller-to …
- Oct 15, 2020 · The not-so-simple answer: It depends on the market you're in, the list price, what kind of mortgage you, as the potential home buyer, are comfortable with, …
- Aug 29, 2014 · To wit, an offer of $80,000 on a $100,000 home is more likely to be quickly dismissed than $1.6 million offer on a $2 million home. Focus on the goal: To sell Don’t worry about how your ...Author: Steve Mclinden
- Oct 20, 2017 · Counters the offer closest to the price and terms the seller's seeking; What makes a good offer? If you want to make your offer stand out, money certainly talks.
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