When Your Offer Is Rejected
Posted by Ken Richter on
So you found the perfect property. It checks off everything on your wish list and is in your budget. Your real estate agent submits your offer to the sellers, and you cross your fingers. Everything seems like it is going according to plan when suddenly, you get terrible news.
Your offer on the property has just been rejected.
There are a number of reasons why your offer on a property could be rejected, and a number of things you can do to remedy the situation. Here they are:
1). Your Offer Was Too Low: The most common reason why your offer on a property could be rejected is that you did not offer enough money. Sellers know what they want to sell their home for, and many will be stubborn on that price. This is fair: they want to make a profit…
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