Changing the closing or possession date is another common reason for a counteroffer, as is excluding or adding personal property from the purchase. The seller might want to modify contingency time frames or have deposits released early. She might also want to add amendments. ...
Real estate deals often require multiple counter-offers to be exchanged between buyers and sellers before a final purchase price can be agreed upon. Each offer may have different terms or stipulations and they must be kept in chronological order by both the buyer and the seller's broker. This...
Real estate offers and counteroffers play an important role in real estate negotiation. Check to see if your knowledge of the topic is good enough...
A real estate purchase contract is only one part of a larger constellation of documents. Commercial and residential sales can include several forms outlining everything from home inspections to counteroffers to zoning, and involved parties need to review and sign all of them.Electronic formscan mak...
If they decide your offer wasn’t what they prefer, they may counter with a new price or terms. It will be up to you and your real estate agent to weigh the counteroffer and decide how to respond. Typical counter offer proposals from a seller include: Higher purchase price Removing ...
Mr. Ferguson, the buyer, was naturally upset, and sued, seeking an order of “specific performance” to enforce the deal, based on well established law that an offer to purchase is a legally binding contract for the sale of real estate. (Read the case if you want to learn about various...
Real Estate ... Expert advice for confident homebuying, selling and improvement. Real Estate Best Places for a Winter Vacation Home Looking for a second home in a cold-weather destination? Consider access and amenities, and be ready for steep slopes and steeper prices....
In real estate, a cash offer is made by a buyer who doesn’t need to take out a loan to finance the home they’re planning to purchase. Adie Kriegstein, an agent withCompass, explains that a cash offer doesn’t always mean literal cash. “A ‘cash offer’ refers to an offer made ...
Other Terms in Your Real Estate Purchase Offer In addition to the enormous question of whether or not to write an As Is offer, there are many other terms written into the contract paperwork as well as others that you can insert that may help or hinder your offer’s ...
On both sides of a real estate transaction, the purchase offer is the first formal communication that leads to the final deal. The offer combines financial details with the nuances of negotiation, and it's the first step in reaching an agreement andclosing on a house. ...