mitchjav
Recycles dryer sheets
Our home went on sale this weekend and we are fortunate enough to have
already received 3 above-list offers - the RE agent tells us at least 2 more
offers will be coming in, possibly more. Now, which to accept? Nice problem, I know. I obviously will be looking at total price, contingencies, closing dates, terms & pre-approvals - but some additional questions I'm hoping to get help with are:
+ Should I pay attention to the initial deposit amount or just the combination of the initial deposit + money down at closing?
+ How much importance should I give to the waiver the mortgage appraisal contingency?
+ The % being put down - what should I read into that # - is going with a 10% down number riskier than a 25% down offer?
+ Can/should I go back to the finalist(s) and see if anyone is willing waive the mortgage contingency? (the market is so "hot", that maybe I can do this)
+ Anything else I should be looking for?
already received 3 above-list offers - the RE agent tells us at least 2 more
offers will be coming in, possibly more. Now, which to accept? Nice problem, I know. I obviously will be looking at total price, contingencies, closing dates, terms & pre-approvals - but some additional questions I'm hoping to get help with are:
+ Should I pay attention to the initial deposit amount or just the combination of the initial deposit + money down at closing?
+ How much importance should I give to the waiver the mortgage appraisal contingency?
+ The % being put down - what should I read into that # - is going with a 10% down number riskier than a 25% down offer?
+ Can/should I go back to the finalist(s) and see if anyone is willing waive the mortgage contingency? (the market is so "hot", that maybe I can do this)
+ Anything else I should be looking for?