postpass2 Comments on: Final steps for first-time homebuyers https://www.livingwellonless.com/2011/04/18/final-steps-for-first-time-homebuyers/ Simply Frugal. Simply Healthy. Simply Happy. Mon, 25 Apr 2011 16:34:08 +0000 hourly 1 https://wordpress.org/?v=7.0.7 By: Kacie https://www.livingwellonless.com/2011/04/18/final-steps-for-first-time-homebuyers/comment-page-1/#comment-39838 Mon, 18 Apr 2011 17:25:57 +0000 http://www.livingwellonless.com/?p=4454#comment-39838 “If you offer the asking price, and the seller doesn’t have any other offers, then the seller must accept your offer without countering. ”

I didn’t know that! I guess when, in wacky markets on HGTV, when a house is really underpriced, they are banking on multiple people making an offer. Cuz if they don’t…whoops!

A realtor told me that if a seller received two similar offers, they will probably go with the one that has a larger down payment so that things wouldn’t get screwed up if the person with a small or non-existent down payment couldn’t secure financing.

Did you disclose your down payment % on your offer? Or actual amount? Or any of that down payment stuff?

I think its important for people who are buying a brand-new house, or newer construction to get an inspection, because maybe the builder screwed up somewhere. I really don’t understand how anyone would say, “Nah, not going to get an inspection.”

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