What to Do If a House Seller Rejects Your Offer to Purchase

Typically, an offer at the low end of the value range, or even below, is more likely to be entertained by a house that has been on the market for an extended period of time. As long as you’re reasonable and justified in your offer, there’s no reason to worry about offending the seller with a low offer.

Here are the top four reasons purchase offers are rejected. Sellers can easily feel insulted. If a buyer offers too little, the seller might believe the buyer is not a serious buyer. The seller may be too angry to respond and, therefore, will reject the offer outright.

Seller concessions are one of the top reasons why a purchase offer is rejected however. A buyer who is asking for a large contribution from a seller must understand that even though the offer price was close to asking, the seller is still forgoing a large amount of money to help contribute to the buyers’ closing costs.

Offering less on a home in a seller’s market if the house is priced right can lead to a rejection. Though it is far more common to expect the real estate negotiation to move towards counter.

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Sellers are should respond to an offer out of courtesy. However, they are under no legal obligation to respond or otherwise entertain an offer. To improve your chances of gaining a seller response.

If a buyer rejects the sellers counteroffer, is the deal dead? Specifically, what would happen if the seller then changes their mind and agrees to sign the agreement at the originally stated offer price? Is the buyer then obligated to go through with the purchase- or at least next steps (attorney review, inspections, etc.)?

If you do. your share of the closing costs. You should include this when you make an offer. This is something you can also.

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“I put my blood, sweat and tears into that house.” Granite, 54, agreed to the sell his home at pre-storm value to the city. He was one of the first applicants to take the offer, and received.