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Updated almost 10 years ago on . Most recent reply

User Stats

25
Posts
13
Votes
Derek Robertson
  • Contractor
  • Seattle, WA
13
Votes |
25
Posts

Making an offer on a "Pending" house?

Derek Robertson
  • Contractor
  • Seattle, WA
Posted

Howdy, 

In Seattle area and found a house that need complete rehab, its only been listed on the mls for 7 days and has an offer pending already. I know the market is fast but would it hurt me to offer the full asking price as a back up for the seller?

I am 21 with a savings for 18 percent of the asking price (roughly 209k) and could meet conventional mortgage lending requirements

Thanks guys 

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