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bid : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "bid"

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Can We See Another Buyer’s Offer For A House?

Question: We made an offer on a home. The broker representing the sellers said a higher offer had been received and asked if we wanted to raise our bid. We declined, but here’s the question: How do we know there was another bid or that it was higher? Answer: One of the most difficult issues [...]

16Mar2009 | | 2 comments | Continued
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Must Owners Accept Full-Price Offers?

No. A real estate transaction is complex and involves far more than the purchase price. For instance, you bid full price but perhaps someone bid more. Or, you bid full price but require the sellers to re-paint the first floor — effectively asking for different terms and a discount on the sale price. Why not [...]

8Dec2008 | | 0 comments | Continued