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Hi, could use some quick advice. There's a home I was interested in purchasing...we were far apart in price and couldn't agree on a number, so the seller went with another buyer about a week ago. I also hadn't put my house on the market yet. I put my house on the market earlier this week, with an open house this weekend. I see the house is still listed. Would it be okay to contact the seller and let her know I'm now listed and see what's going on with the sale? Obviously I'm still interested in the house, but wondering if that is a little much. Thoughts? Thanks.
If I represented that seller, the response would be for you to call back when you get a contract on your house. I wouldn't care if it was just listed as that means nothing. Having a buyer under contract shows you're more able to buy my client's house... unless you can buy without selling.
Yeah, good point. I have a large down payment, but still need to sell. I reached out and the buyers have signed the contract, so I'll need to move on. Hopefully I'll have an offer in soon and can approach my next seller more confidently. Thanks!
I do have the pre-qualification ready...but yeah, good point about the inspection/option period. How long is that typically? Sorry, it's been 13 years since I went through this process and my first sell/buy.
You'll need to see how it works in your state since the contracts are all different. In TX usually there is about a 7-10 day period to do inspections called the option period where you have the right to terminate the contract. The time frame is negotiable by the parties.
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