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saw a house on thursday liked it enough to make a full asking price offer and seller accepted on friday. scheduled an inspection for tuesday but owner was not available till wednesday, ok. my agents calls back on tuesday night saying there is a higher offer now do you want to match it?
um if the seller accepted your offer they cant take a now higher offer.
Sure, if you have it all in writing. Otherwise, it's all hearsay. And 50/50 the real estate agent is lying to try to get the buyer to bid against themselves. There's no way of knowing.
East Meadow school district is probably on-par with Levittown SD.
it's close, but Levittown is preferable. A few % points separate a lot of schools as you can see: LI School District Ranks 2013
Quote:
Originally Posted by Qnz2LI
um if the seller accepted your offer they cant take a now higher offer.
If you're not under contract, an accepted offer doesn't mean anything. That's why people get lawyers involved and move to sign contracts asap. If you commit $400 to an inspection, you better sign the contract soon after it's done. It's a good thing you didn't pay yet.
If I were you I'd find out how long the house has been on the market. If it's recent (< 30 days), or if the price recently dropped, then having another offer can be true. If it's been on a while, I'd stand pat with your offer. They may tell you the other person dropped out a couple days from now seeing that you didn't go up. If you don't want to risk losing it, go up as long as you're comfortable paying it.
it's close, but Levittown is preferable. A few % points separate a lot of schools as you can see: LI School District Ranks 2013
If you're not under contract, an accepted offer doesn't mean anything. That's why people get lawyers involved and move to sign contracts asap. If you commit $400 to an inspection, you better sign the contract soon after it's done. It's a good thing you didn't pay yet.
If I were you I'd find out how long the house has been on the market. If it's recent (< 30 days), or if the price recently dropped, then having another offer can be true. If it's been on a while, I'd stand pat with your offer. They may tell you the other person dropped out a couple days from now seeing that you didn't go up. If you don't want to risk losing it, go up as long as you're comfortable paying it.
thanks for the list of schools.
the house has been on the market for 6 days today. i made the offer on the 2 or 3rd day it hit the market. maybe it wasnt meant to be.
my wife and i are not willing to go up for what the house is. we feel it's overpriced already but we made a full offer cause we didnt want to keep hunting and hoped this would be a smooth transaction.
can i get the contracts next time i make an offer and then schedule an inspection? i already lost an inspection fee a few months ago cause the contract was not in our favor. i'd really hate to lose another 400$ on another house...
once your offer is accepted their/your attorney should put together the contract which should state it's contingent to the inspection report, etc... in this market no reason to bid against yourself or up your offers unless you have no problems spending the extra cash. there's tons of stock out there.
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