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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.
By comparing offers from multiple lenders, you're more likely to find the best rate and save money. ... debt and more. In order for lenders to give you the most accurate quote, they’ll need your ...
A standard real estate transaction usually begins when a prospective purchaser submits an offer to purchase to the vendor of a property. As in a standard offer, a conditional offer sets out the terms of the sale such as the purchase price, the date of closing, the names of the parties, and the amount of any required deposit, but it also ...
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 ...
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 ...
Figuring that you’re only going to get one mortgage and live in a single home, they group multiple inquiries together as one — provided these pulls all take place within a 45-day period ...
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 seller to continue to market the property. The 72 hour clause is usually written into sales contracts by the seller, this allows a seller to keep the home on the market and accept backup offers ...
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