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“The property must make value at the contracted price in order for the sale to go through, unless the buyer has also offered to pay any amount beyond the appraised value in cash, and if this is ...
“An experienced local agent is key to maximizing your home's value,” says Brian Green, a loan officer at WealthWise Funding. ... market and how you’ve priced your home. 6. Review offers and ...
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.
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. Notarization by a notary public is normally not required for a real estate contract, but many recording offices require that a seller's or conveyor's ...
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 ...
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
If the property is not sold or under a purchase contract by then, the seller may decide to re-list the property, perhaps with a different listing price, with the same or a different broker or agent, or not list it at all. The listing of the property can start at a date later than the date the listing contract is signed to allow the seller time ...
After months of hunting for their dream home, a young couple in New Jersey is frustrated and exhausted. Kelcie Lesko and Tim Khalil said they made 15 offers on homes in Monmouth County – one as ...
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