Editing A Few Of The Reasons Why Home Sellers Reject Your Offer
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Home buyers often assume that in just making an offer as they [http://www.experthomeoffers.com buy a home], the seller has to accept. This isn't true. What are the possible reasons why seller refuse your offer? If you are a home buyer, you'll learn to make offers that stand a better opportunity of acceptance. If you're a homeowner, you will know the tactics that potential buyers typically use in their offers. <h3>OFFERED PRICE IS TOO LOW</h3> First, prices are the bottom line. The seller requires a given price. If they can't get it, they will reject. It is that simple. Here's a good example. Suppose the property owner has medical bills. They are going to sell and pay the bills with the proceeds from the home sale. If the offer isn't going to provide them with sufficient money to pay their bills, chances are they will not approve your offer. One more contingency is the buyer has to sell their existing home before they can move forward to get this property. For a seller, this is not acceptable. They need a clear sale, quickly. <h3>SO MANY CONTINGENCIES</h3> Another reason for an offer rejection would be that the seller really feels they have their hands tied. For instance, one contingency could be harmful termites. In case the termite inspector came back with termites, and this was in the offer to buy as a contingency, the buyer doesn't have to buy. Most contingencies are reasonable, however, if the home buyer inserts too many conditions, then seller might be discouraged and reject. Another kind of contingency is roofing issue. Contingencies come in almost any variety you can imagine. But the contingencies must be reasonable for the seller to accept the offer. <h3>MOVE IN DATE IS TOO LATE</h3> And lastly, the seller needs to move out quickly. In many cases, the buyer is ready financially, however, not personally. One example might be that the buyer has a job and find it difficult to leave their location before moving. In this case, the seller doesn't know when the buyer will be able to move. The offered price is too low, too many contingencies and the move in date is too far. Think about these possible reasons if the home seller turn down your offer. When you're familiar with these reasons, you would know what to adjust to help make your seller say YES! Are you a property seller? Having a tough time getting offers on your property? [http://www.experthomeoffers.com We Buy Properties] that are having a tough time getting offered. Call us and we'll be able to give you some help.
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