I've been asked about the property offers I had out for three separate clients when I left for Thanksgiving.
- One offer died in a multiple offer situation with 15 other offers. The sellers took an all-cash offer considerably over the asking price. Quite a disappointment, but not unexpected.
- Another offer was in a multiple offer situation with 7 other offers. The sellers accepted an offer considerably over asking with no appraisal contingency. This, too, was a major disappointment for my buyers, and was less expected since they offered over the asking price.
- The third offer is a go. Whew! We had to jump through hoops to get it, including putting the buyer's current home on the market and selling it in two days. And even then it took the sellers several days to say yes. Stay tuned...
What happened to the 3 Thanksgiving offers?
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