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Choosing Between Multiple House Offers How to handle multiple offers on a house. Start with price, but don't end there. Compare contingencies. Consider how the buyer will pay for it. Ask if the buyer can close despite a low appraisal. Synchronize closing timetables. Review buyer 'extras'
Multiple Offers in Seller's Markets Submit a Large Earnest-Money Deposit. Show the Seller That You're Qualified. Give the Sellers Time To Move. Shorten or Waive Some Contingencies. Offer To Bridge the Gap Between Appraisal and Sales Price. Write Your Best Offer. Sell Your Existing Home First. Play Nice.
How to Win \u201cHighest and Best Offer\u201d Situations Offer More Money. ... Pay in Cash. ... Get Pre-Approved. ... Add an Escalation Clause. ... Minimize Contingencies. ... Be Flexible on the Closing Date. ... Write a Personal Letter. ... Work with an Experienced Realtor.
There is no law against making offers on more multiple houses. However, as a seller, this can put you in a difficult position, since you can never be sure if the buyer you have accepted an offer from or are considering is as serious as you are about your property.
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