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How to Hide Amount Field from the Offer To Purchase Real Estate

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hi everybody Davis parks Broker of Maxima one Greater Atlanta Realtors and this weeks contract tip has to do with estimates for your buyer and your seller regarding their real estate transaction so whenever if you are working with the public whether youre working with a buyer or a seller as part of your service to them you really should help them calculate what their bottom line costs are going to be with the buyer definitely you are going to want to get the assistance of their loan officer to nail down a lot of the low related costs and so forth and so on for a seller youre going to want to include their payoff cost and other miscellaneous cost like that but again it is not totally up to you to determine their actual bottom line but you should help them determine an estimate so they have some sort of idea as to what it is going to cost them or what they are going to net at the end of the transaction and one of the things that I really want to bring to your attention in this video a

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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 remove the condition of financing?

Once all of the mortgage conditions have been accepted by the lender, your mortgage broker will tell you and your real estate agent that you are free to waive your condition of financing. After you waive all conditions, the purchase contract becomes firm and binding.

Can a seller ask for more money after accepting an offer?

Yes. Imagine a situation where the seller got multiple full-price offers and is setting up for a bidding war. That seller might counter all of the appealing full-price offers, asking each suitor for a best and final bid, or request a specified higher price.

How do you politely decline a lowball offer on a house?

Acknowledge its a low ball offer Dont respond immediately; instead, let them know youll get back to them. Then consider what tactic could work best. One approach is to simply say that youre willing to negotiate, but that you need to hear a serious starting offer.

What is the best way to reject a real estate offer?

The right way to reject an offer Promptly call, write or send a text message to the agent thanking him or her for the offer. Politely and graciously explain that the homesellers have accepted an offer that they like better. Do not explain the market.

What does it mean to remove appraisal contingency?

Appraisal Contingency Removal The appraisal contingency protects the buyer and the lender from a home that isnt worth the price. Lenders will only fund the appraised value of the house, and waiving the appraisal contingency means youre on the hook for making up the difference.

How do you politely reject a real estate counter offer email?

So, write down exactly what you were told, that you offer the property for a certain amount and that you reject it. You want to make sure all terms are clear. Dear so and so, I am hereby rejecting your counter offer of X value to purchase property at X place on this date and time, so theres no confusion.

How do I decline an offer on a listing?

Sometimes the best way to turn down an unwanted offer is to simply be your honest self and explain why doing business with friends or family is a bad idea, and why you dont want the property. A lot of the time, this is actually much easier in the long run. Most people will simply laugh understandingly and move on.

When should you reject a house offer?

Reasons to Refuse to Sell The offer wasnt high enough. You certainly dont want to take a loss on your property if you can avoid it. Youre not sure the home buyer can get a loan. You changed your mind and dont want to sell anymore.

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Hide Amount Field from the Offer To Purchase Real Estate