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Idea from Cathy Habas

Cathy Habas

Title

Why Did a Seller Accept a Lower Offer than Mine?

Summary

With many areas experiencing low real estate inventory, bidding wars are common. Although sellers often accept the highest offer, that isn't always the case. Frustrated buyers want to know how to avoid this in the future. Reasons include cash vs. financing, pre-approved financing vs. not pre-approved, known buyers, repairs vs. as-is, or even simply agent error.

Author

Cathy Habas

Industry Category

Find writers and ideas in Real Estate

Keywords

  • home buying
  • first time home buyer
  • real estate agents
  • financing
  • cash offers
  • home financing
  • mortgage