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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateCounter offer
Kyle Reierson's profile image
Kyle Reierson's profile image
Kyle Reierson
  • from Grand Forks, ND
  • Member since Oct 16, 2013
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Kyle Reierson's profile image
Kyle Reierson's profile image
Kyle Reierson
  • from Grand Forks, ND
  • Member since Oct 16, 2013
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Kyle Reierson
  • Grand Forks, ND
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Buying & Selling Real Estate

Counter offer

Kyle Reierson
  • Grand Forks, ND
Posted Oct 16 2014, 22:14

So I put an offer in on a house, the seller countered. My wife and I signed and accepted the sellers counter. The deadline for the counter is one hour from now. What are our options when the deadline expires? Since it is the sellers counter-offer, isn't he/she obligated in some way to respond to his/her own offer? Or, can they just ignore their own offer?

Thanks,

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