Easily Remove Cross Out Option from the Real Estate Proposal

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How to Remove Cross Out Option from the Real Estate Proposal

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[Music] okay lets say you get a hundred thousand dollar property its worth that and you get it on an option for 80 000 like you said you Market it and then somebody says Hey I want to buy it lets do it are you like buying it like youre exercising the option to buy it yourself and then youre selling it to them with a double closing or are you somehow assigning the option and they jump in how does that other mechanics of that work so weve been really fortunate we have expanded um but when we started doing this method Im about to tell you about we started in Arizona and we work with Great American Title Agency out of Phoenix there they have been awesome and I recommend them to everybody weve also found one in Tennessee that we use and what weve been able to do with them is do a true a to c double close where they use the buyers money and they pay everybody and that has been a huge game thats big deal not not only that theyre able to do it without disclosing what our profit wou

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What is the counter offer rule?

A counteroffer functions as both a rejection of an offer to enter into a contract, as well as a new offer that materially changes the terms of the original offer. Because a counteroffer serves as a rejection, it completely voids the original offer. Thus, the original offer can no longer be accepted.

Can you counter a counter offer?

Just as a seller can submit a counteroffer to a buyer, a buyer can counter the sellers counter, which then becomes a counter-counteroffer or Buyer Counteroffer No. 1. There is no limit to the number of counteroffers that can go back and forth.

Can you retract your offer on a house?

As a home buyer, you can back out of a home purchase agreement. However, with no contingencies written in the contract, you may face costly consequences such as losing your earnest money deposit. As a buyer, the ability to back out of an accepted house offer is good news.

Can seller cancel an option contract?

Generally, if the buyer is not performing, then the seller can cancel the contract, provided the seller has complied with the provisions in the contract regarding notice to the buyer to perform. Instances of failure to perform could include missing a deposit or a closing deadline, for example.

How do I decline a counter offer on real estate?

All you have to do is politely decline the counter offer (in other words, dont sign it, and confirm with your agent that you dont want to negotiate further). As a courtesy, your agent will communicate with the listing agent about your position and decision.

Can you negotiate a counter offer?

When negotiating your counteroffer, youll need to make a case for why you should receive a better offer. This case will be built on your value: Youll want to remind the employer of why youre a particularly good match, offering experience and know-how that other candidates do not.

Can you counter two offers at the same time?

Sellers can accept the best offer; they can inform all potential purchasers that other offers are on the table; they can counter one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can counter one offer and reject the others.

How do you negotiate a counter offer on real estate?

Common negotiating tactics for buyers when producing counter offers include: Boost their earnest money deposit. Change service providers. Modify contingency time frame. Alter closing date or possession date. Exclude or add a personal property from the contract. Agree to an early release of deposits.

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