All Forum Posts by: Bryan Munshaur
Bryan Munshaur has started 1 posts and replied 2 times.
Post: Verbal/Email Acceptance Than They Took Another Offer
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Originally posted by @Abel Curiel:
Hello @Bryan Munshaur,
I'm sorry to hear about this. Unfortunately, this happens more often than we'd like. Just curious, where is this condo located?
What you can do about it is keep in contact with the seller. Just because they took a higher offer, does not mean that is a done deal. In the next few days or couple of weeks, anything can happen. This depends on where you're located as well because some states have a bit of a delay between accepted offer and contract.
Let me know if there is anything else I can help with!
Abel
thanks, it's in Maryland
Post: Verbal/Email Acceptance Than They Took Another Offer
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Made an offer on a condo. The sellers verbally accepted my offer and in email said they were meeting that night to sign and just had a couple quick changes that once made and sent back to them they would send us the executed contract that night. Which we resent right away. Then that night we received another email saying they accepted another offer even though my offer would've netted them more. The other had a higher down payment and lower loan amount. They were concerned of appraisal. Never had a chance to even match which I'm sure we would've been able to. Just thought it was odd but maybe just a standard situation that sucks.
Anything I can do about it?