In our previous step on how to buy a home, we discussed Making an Offer. In this post we will discuss what happens after you make an offer - Negotiations, Multiple Offers, escalation clauses and waivers
Once the offer is presented to the listing agent the seller has several choices, they can sign your offer as it is written and it will be accepted, they can reject your offer completely, or they can make a counter offer to you. If any of the terms in the offer you have written are being adjusted this is considered a counter offer. Even if the price remains the same but the closing date does not work for the sellers this is still considered a negotiation and a counter offer. As the buyer you can now...........
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