Fingers crossed for competing bids!I would say beware of a sight-unseen offer. Most people are probably going to put in contingencies, and just because an offer is the highest doesn't mean it will close. And it's easy to put in a high offer when you haven't seen the place if you know you can get out of it through the contingencies.Having more than 1 offer is great because you could always play them a bit against each other. But keep in mind, an offer price is one thing. You also have to consider which offer looks the most likely to close - and with as few post-offer costs (such as inspection repair requests) as possible.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra