On both sides of a real estate transaction, the purchase offer is the first formal communication that leads to the final deal. The offer combines financial details with the nuances of negotiation, and ...
Like marriage, homebuying is one part love, one part legal transaction—and it starts with a proposal. Making an offer on a house is a major step that combines strategy, paperwork, and a clear ...
Ever since their low during the coronavirus pandemic, housing prices have been on a tear, in some cases more than doubling in just a few years. Add in some of the highest mortgage rates in decades and ...
With limited inventory in the housing market, homebuyers in especially hot markets are still experiencing intense competition. To make themselves more attractive to sellers, some aren’t bothering to ...
A backup offer is an offer that’s submitted even though the seller has already accepted an offer from another buyer. Accepting a backup offer as a seller means you have a fall-back in case the buyer ...