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Multiple offers on your home can seem like a dream come true, but they can also be a source of stress. ... “The property must make value at the contracted price in order for the sale to go ...
Submission of offers by interested buyers. Multiple offers may result in bidding, with best offer (not necessarily the highest bid) being awarded the sale. A single offer may often be below the initial asking price, resulting in negotiation between the buyer and seller over the final price, or possibly the rejection of the offer by the seller.
During a red-hot housing market, some buyers might waive the home inspection to make their offers more appealing to sellers who are fielding multiple offers. But skipping this important step is ...
According to a USAToday piece, the market in states such as California and Florida have picked up, with about 10% of listings receiving multiple offers, up from one in 30 last fall."When you begin ...
Include Consideration: Consideration is something of value bargained for in exchange of the real estate. Money is the most common form of consideration, but other consideration of value, such as other property in exchange, or a promise to perform (i.e. a promise to pay) is also satisfactory.
Assigning point values is one way of determining whether one package is, on the whole, more appealing than another. Create at Least Three Equivalent Offers. These offers should have approximately equal point values, according to the points assigned in step two. MESO strategy requires multiple issues with realistic alternative outcomes.
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
By comparing offers from multiple lenders, you're more likely to find the best rate and save money. Before shopping for offers, determine what type of mortgage makes the most sense for you and ...
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