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Updated over 6 years ago on . Most recent reply

User Stats

35
Posts
13
Votes
Amber K.
  • Real Estate Agent
  • Bay City, MI
13
Votes |
35
Posts

First Property Found

Amber K.
  • Real Estate Agent
  • Bay City, MI
Posted

Hello all,

After a number of months scouring local MLS listings and FSBOs, running numbers, and walking through a considerable number of properties, I finally found it. My first property. While considering what amount to offer over dinner, I received a call from my awesome real estate agent that another offer was accepted at 1pm earlier that day. Apparently this property had a cash offer open for a few weeks and the buyer had set an ultimatum to get a response. Cue, my heart breaking.

Should I consider this property gone?  Is it possible that a contingency won't be met?

Most Popular Reply

User Stats

102
Posts
76
Votes
Dominique Pradel-Lewis
  • Investor
  • Pittsburgh PA
76
Votes |
102
Posts
Dominique Pradel-Lewis
  • Investor
  • Pittsburgh PA
Replied

@Amber K. make your offer anyway as a secondary one then get back to scouting for another deal.  If the deal is lost nothing you can do about it,   But if it falls thru guess what? the seller will remember your offer.  Good luck 

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