Remove Backup offer Remove Closing costs Remove Pre-approval
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Multiple Offers on Your Home? 14 Concerns You Must Address with Your Realtor

First Team Real Estate

Having several offers on your home is fantastic, however, how do you guarantee you pick the very best deal and don’t miss out on an even better one? The purchasers will not get this cashback if they back out of the offer unless defined in the agreement. Normally, buyers will default to 1% of the purchase rate.

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How to Win a House Negotiation: 9 Expert Tactics for Home Sellers

HomeLight

As interest rates start increasing, as they are right now in 2022 , sellers may not have as many backup offers to consider as they would when rates were low. Price your house right to attract competitive offers. Negotiate closing costs with your ‘win’ priorities in mind. No mortgage pre-approval.

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What Happens After Making an Offer on a House?

Windemere Buying

It means the seller has accepted an offer and there’s a good chance the deal will go through, but because the sale is not yet final, the property is technically not off the table. Other interested buyers will make backup offers in case the first offer falls through. Now you’re ready to close!