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Old 05-20-2019, 03:07 PM
doreen is online now
Charter Member
Join Date: Dec 1999
Location: Woodhaven,Queens, NY
Posts: 6,391
Originally Posted by Musicat View Post
It sounds like you are:What you are talking about has no legal validity. If you are not relying on it, fine. If you are, it could be a mistake.
I think perhaps you are understanding "real estate-speak" when I'm not speaking it. What I have been talking about the whole time is what I said in my last post
maybe the best way to describe my experience is to say that in my area nobody want to waste time writing an offer that won't be accepted. If the asking price is $400K and I'm offering $390 - and the seller won't budge, there's no need to go any further with my $390 offer
- there's no reliance on the verbal acceptance or rejection to do anything more than decide whether continue the process which will result in a written agreement.