Eric Cunliffe
Eric Cunliffe
counter hot offer
If you make a low-ball offer you won't even get a counter offer in a hot market.
drift larger looks markets offers percent presented smaller tend toward
In competitive markets where two offers are presented to the seller, the one with 20 percent down looks better than one with a smaller down payment. But sellers still tend to drift toward someone with a larger down payment.
ask buyer contract says unless
Unless the contract says 'as is' everything is up for negation. Even then, the buyer usually still has the right to ask for repairs or back out of the contract.