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Jun 21, 2024 · When submitting an offer to purchase a home, the seller will respond in one of three ways: they can accept, come back with a counteroffer, or reject your offer completely. If your offer is denied, don’t feel discouraged.
- Tiffany Tran
I know they are hiring batch wise (they only said that) but i was concerned if my joining batch is shifted or my offer is revoked so i directly asked if the offer is revoked and later i lm regretting asking this.
The answer isn’t always straightforward, as it depends on the state of the current real estate market, the condition of the property, and the urgency of the seller. We’ll discuss what’s reasonable to offer to ensure you strike a balance between securing a great deal and not offending the seller with a lowball offer.
Jun 23, 2024 · The offeror can revoke an offer at any time before it is accepted, as long as they communicate the revocation to the offeree. However, if the offeree has already accepted the offer, the offeror cannot revoke it.
Jun 26, 2024 · The seller may be trying to hide something that’s wrong with the property, or they may drop your offer at a later stage for a higher one, so you end up wasting money on conveyancing and surveys. The key is to take your time to re-evaluate whether this is the right property for you.
Jun 20, 2024 · An offeror has no right to terminate an offer. False The offeror is said to be the "master of his offer" and, as such, can revoke it at any time, even if he says he will hold the offer open for a stated period of time.
People also ask
Can an offer be revoked?
When does a revocation of an offer become effective?
Should I submit a lower offer if the seller is asking too much?
What happens if a home offer is rejected?
2 days ago · If the seller is asking too much based on recent sales of comparable properties in the area, and if the days on market are above average for the neighborhood, you should certainly consider ...
