WebWhat Happens Once Your Purchase Offer Has Been Accepted? The answer to this question again depends on whether you are financing the foreclosure or if you are paying in … WebJan 6, 2024 · If you revise your offer right away, they may accept your offer without asking for highest and best and giving other buyers a chance to raise their offers. Another tip is …
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WebAug 26, 2024 · Say you offer $150,000, with an escalation clause in $1,000 increments up to $159,000. This means that if someone else offers $155,000, your offer would be automatically elevated to $1,000 more ($156,000). But if someone offered $160,000, you’d likely lose out because that’s above your cap. WebNov 18, 2008 · 3816 Bahama Rd, Palm Beach Gardens, FL 33410 $289,992 Redfin Estimate 3 Beds 1 Bath 1,219 Sq Ft Off Market This home last sold for $85,000 on Nov 18, 2008. About This Home BANK OWNED FORECLOSURE, NOT A SHORT SALE! EASY TO BUY JUST MAKE AN OFFER & IT WILL BE PRESENTED T O THE BANK WITH A … tng colony
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A POF is a “proof of funds.” Banks do not like to accept an offer, take the house off the market, and then find out that the buyer can’t perform due to financial reasons. Therefore, the REO seller requires evidence that the buyer has funds available to complete the purchase. The POF requirement will … See more Unimproved bank-owned homes are sold as-is. The bank is not going to make repairs or representations regarding the condition of the property. The interested buyer will need to … See more The high degree of interest in bank-owned REO properties means many homes offered end up receiving multiple offers. When this occurs most banks automatically tell us … See more When you complete a real estate offer to purchase, one of the final terms is to identify a time for the offer to expire. In the world of traditional real estate, it is common to use 24-48 hours for a response. When … See more Terms matter, particularly with the possibility of multiple offers. So, if you are short on cash to pay closing costs, for instance, try to figure out a way to get those paid without … See more WebApr 5, 2024 · Call 1-888-995-HOPE (1-888-995-4673). Find a HUD-approved housing counseling agency in your area for free, local foreclosure prevention services. The … WebIn general, you can expect some kind of response between a few days to three weeks. If you tender a lower offer than the pre-approved price range established by the … tng club houston