Wednesday, August 09, 2006

When Will Your House Offer Be Accepted By The Home Seller?

Usually there's a clause in the offer requiring the home owner to accept or reject the contract within a specified time frame. The period for acceptance is often 24, 48 or 72 hours.

If there's a time period stated in your offer, wait until the time has elapsed for a phone call or a counter offer. If you don't hear anything then call the realtor and ask casually if he/she has heard anything on your offer.

Remember that, unless you have a contract with the realtor, he or she will normally are working for the seller, not you the buyer.

The main thing is to get an answer without sounding too desperate to know. Afterall, you do need to know, especially if you are looking at other properties to buy.

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