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Updated almost 8 years ago, 03/11/2017
5k option fee(unheard of)
Hi everyone just wanted to get yalls opinion on this situation. Im making offer on a house where they have multiple offers and I belive some offers are at above asking price . So I asked the realtor to put in my offer a 5k option fee with a one day inspection period. He said it was unheard of to have such a high option fee most of the time they are 100 dollars. My goal was to make my offer stand out and for what ever reason maybe have the seller pick mine over someone's higher offer knowing that i will close on the deal and if for some reason i dont well she walks with a extra 5k. I Want to hear from the pros was this a good move or bad what's yall opinion what would yall have done different. I don't find out till this weekend if mine gets accepted thanks in advance