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Replace Value Choice from the Real Estate Proposal

Replace Value Choice from the Real Estate Proposal

Aug 6th, 2022

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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.

How do you politely decline a counter offer?

Heres how to decline a counteroffer successfully: Select the medium that makes you most comfortable. Express your gratitude. State your rejection clearly. Give a short, yet honest reason for declining the job. Provide a referral. Express your willingness to keep in touch.

What happens if seller doesnt respond to counter offer?

What Happens If A Home Seller Doesnt Respond To An Offer? Typically, the original offer will include a deadline that provides the seller with a date when youd need a response. If theres no response to your home offer by that time, the offer expires. This means you can walk away without any contractual obligations.

How do you remove an appraisal contingency from a contract?

Since the appraisal contingency clause is standard on most purchase agreements, it must be removed in writing. Understand the risks of removing an appraisal contingency. Tell your real estate agent you want to remove the appraisal contingency. Complete the contingency removal form. Sign the form.

How do you reject 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.

What happens to an initial offer from the buyer after a seller counters?

Once the counter offer has been accepted, the buyer and seller then sign a contract. The buyer must secure financing, and the seller must complete any repairs stated in the agreement.

Can you pull out of counter offer?

The general rule is that an offer or counteroffer may be revoked at any time before acceptance by the other side.

Can you walk away from a counter offer?

Yes, you can walk away after making an offer on a house. Until both the seller and the buyer come to an agreement on the terms of the contract and officially sign the purchase agreement, you can back out of the offer.

What happens if buyer doesnt respond to counter offer?

As a buyer, you never have to respond to a sellers counter offer. Again, usually people do give responses, but you arent required to do so, particularly if you lost interest in the home. If you let the expiration date and time pass, the counter offer is considered rejected.

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