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  2. 72-hour clause - Wikipedia

    en.wikipedia.org/wiki/72-hour_clause

    A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...

  3. Right of first refusal - Wikipedia

    en.wikipedia.org/wiki/Right_of_first_refusal

    ROFR: Abe owns a house and Bo offers to buy that house for $1 million. However, Carl holds a right of first refusal to purchase the house. Therefore, before Abe can sell the house to Bo, he must first offer it to Carl for the $1 million that Bo is willing to buy it for. If Carl accepts, he buys the house instead of Bo.

  4. What is a cash offer on a house, and should you make one? - AOL

    www.aol.com/finance/cash-offer-house-one...

    According to a study from real estate data company ATTOM, all cash-purchases accounted for 36.6 percent of all U.S. home sales in the third quarter of 2023 alone.

  5. Cash offer - Wikipedia

    en.wikipedia.org/wiki/Cash_offer

    Some of these investors will get a contract on your house as a cash offer and then reassign the contract to a company that rehabs houses. [4] Sellers considering an all-cash offer should carefully evaluate the benefits and risks, taking into account the reputation and financial capability of the buyer. [5]

  6. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.

  7. Offer and acceptance - Wikipedia

    en.wikipedia.org/wiki/Offer_and_acceptance

    Treitel defines an offer as "an expression of willingness to contract on certain terms, made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed", the "offeree". [1] An offer is a statement of the terms on which the offeror is willing to be bound.

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