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Updated about 16 years ago on . Most recent reply

User Stats

77
Posts
3
Votes
Jamie Dzierwa
  • Real Estate Investor
  • Illinois
3
Votes |
77
Posts

negotiating under contract

Jamie Dzierwa
  • Real Estate Investor
  • Illinois
Posted

I read some of the other posts and need a clear answer to my question. I'm talking to my realtor and put an offer on a bank owned property. If they accept the offer I have to put down earnest money, I get 3-5 days to put it down. I have a couple poeple interested in the property by just describing it to them. Do I just push the property real hard for those 3-5 days and if I can't find a buyer just back out or risk losing the money? This could be my first deal so I'm a little nervous. I need some advice from all those vets out there :)

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