Easily Delete Advanced Field in the Offer To Purchase Real Estate

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How to Delete Advanced Field in the Offer To Purchase Real Estate

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okay so had an inspection this morning and you might wonder why that even matters and its because we werent supposed to get this house under contract i represent buyers on this deal we went in it was multiple offer and i dont know how many offers there were we put in a strong offer but my clients didnt feel comfortable above listing prices like great lets go in at listing price lets do everything we can on the contract to make it look really good um and leave it at listing price well unfortunately we didnt get the offer executed they accepted another offer that was higher than ours it was better for the sellers which i dont believe however then i docHub out to the to the agent um once you told us they didnt accept ours i said would your clients with the sellers be interested in a backup offer she says yeah i think they would great talk to my client yep lets put in a backup worked on a backup send it in anyways the sellers didnt accept it for some reason they didnt want to do

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How do you politely decline an offer to purchase?

How to Politely Decline a Sales Offer Thank the Person. Deliver the News Directly. Explain Your Reasoning. Suggest Other Ways of Partnership (If Appropriate) Keep the Professional Tone of Voice. Dont Explain Rejection with Price. End Your Email Appropriately. Rejection with a Willingness to Receive Other Service Offers.

Can a seller change their mind after refusing an offer?

Yes, a seller can back out of a contract under certain circumstances. But you must show that youve upheld the conditions in the purchase agreement or face consequences.

Can a rejected offer be accepted?

Once an offer has been rejected, it cannot subsequently be accepted by the offeree. A counter-offer ranks as a rejection, but a mere inquiry as to the possibility of varying some term does not. See also lapse of offer; revocation of offer.

What to do if a seller rejects your offer?

What If Your Offer is Rejected? Communicate with the seller, change up your offer, and try again. Just because its a low ball doesnt mean its a bad offer. Maybe the seller is the one with unreasonable expectations. Its not always the price find out what other terms the seller may be looking for.

Can a seller back out of an accepted offer for a higher offer?

Real estate contracts are legally binding, so sellers cant back out just because they received a better offer. The main exception is when the contract includes a contingency that allows the seller to terminate the sale.

When a seller rejects your offer they come back?

Typically, when a seller rejects your offer they come back with a counteroffer to potentially negotiate a deal what works better for them. If your offer is rejected without counter, it might mean that your offer was too low to be considered by the seller.

How do I cancel OTP?

The buyer will usually not be able to cancel the OTP after both parties have signed without any consequences, unless the OTP specifically provides for this. One of the few exceptions would be if the provisions of a suspensive condition are not met.

What happens to earnest money if seller rejects offer?

Its held in escrow as a show of good faith that youre interested in purchasing the home. If your bid wins, your earnest money is deducted from the amount you owe at closing. If the seller rejects your offer, your earnest money should be returned.

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