 Have you bought property or backed out of a sale due to misinformation or false statements?
There are times when sellers fail to disclose what they know about a property. Recently, I dealt with my own experience of misleading claims.
How about you? Post your comments, share your opinions and read about other people's experiences on my website blog! |
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 Highest Bidder Not Always the Winner
Recently I put this home on the market and received 25+ offers within the week.
We did NOT take the highest bid.
In hot markets, it's predictable that a property will receive multiple offers. One danger of accepting an offer much higher than a reasonable list price is that the property may not appraise. How to deal with this problem?
- Accept an offer with no road-blocking appraisal or loan contingencies
- Make sure the buyer has enough cash to make up the difference in case the property does not appraise at the contract price
Visit my web site blog to put in your comments about multiple-offer situations you've encountered...
"Everything counts in large amounts..." Depeche Mode, 1983 |
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The HAYWARD Corner 
Jerry Rice to Host Pro Golf Tournament, Stonebrae Country Club
Hayward-Yixing China Sister-City is Official!
We're putting Hayward on the map! |
