Rejection is always a difficult thing to face in life, whether it’s from a potential client, a potential boss or a potential home seller. As a Tampa home buyer, your stress level may be reduced if you’re aware of some of the reasons a seller may flat-out reject your Offer to purchase their real estate.
Sometimes, even if you and your Realtor do everything right, the seller may still reject your Offer. Bear in mind that this often has nothing to do with you.
With that being said, here are 5 common reasons why sellers reject Offers on their homes:
1. The Offer wasn’t enough for them to pay off their mortgage. For most sellers, the bottom line is paying off their mortgage. If your Offer isn’t enough to cover the mortgage, they cannot accept it unless they and their bank agree to a short sale. Many sellers have not quite gotten to the point of accepting the possibility of short selling their property. continue reading…
When you’re thinking about making a move, the first steps in the home buying process are:
