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To: nickcarraway
Why would someone turn down a full price offer?

Because the buyer attached some expensive conditions to the offer. (Put on a new roof, the old one is at end-of-life). It is not really a full-price offer when that happens, and the seller has an option to refuse the deal. Or make a counterproposal.

You suggested that the seller realized they underpriced it?

Maybe the seller did underprice the house. Too bad for them. But even very experienced real-estate professionals can make large mistakes estimating the value of a property. It is almost always better to close the deal and move on.

52 posted on 03/18/2024 4:05:26 PM PDT by flamberge (Wait for it...Wait for it...)
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To: flamberge
Because the buyer attached some expensive conditions to the offer. (Put on a new roof, the old one is at end-of-life).

If the buyer adds those conditions, then it seems like it doesn't trigger that clause in the contract anyway.

53 posted on 03/18/2024 4:09:41 PM PDT by nickcarraway
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To: flamberge
But even very experienced real-estate professionals can make large mistakes estimating the value of a property.

I'm not talking about a mistake, I'm talking about listing low to get a quick sale.

54 posted on 03/18/2024 4:10:46 PM PDT by nickcarraway
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