It’s usually about more than price! When a seller accepts an offer, they are obligated to go through with the sale unless the buyer fails to perform per contract. That means smart sellers choose buyers who have the capability – and desire – to complete the transaction.
Offers almost always have contingencies, giving the buyer a period of time to complete inspections, investigations, loan approval, and more. It’s important to have professional property inspections, look at the HOA (if any) and ensure the title report matches what you think you’re buying.
“All Cash” offers mean there is no loan contingency, and are attractive to sellers.
Some sellers want to close and move out ASAP, but other sellers may need time to move. Offering a quick close but delayed transfer of possession can often make your offer more attractive.
