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When You Should Accept the First Offer for Your House

POSTED ON May 13, 2019

You may have heard that you should not accept the first offer you receive for your home. Luckily, some rules were meant to be broken! Keep reading to find out when it is a good idea to take the first offer for your house.

The Right Timing
Timing is everything. This statement could not be more true in the world of real estate. Since potential buyers become more reluctant to look at houses that stay on the market for a long time, it is important to consider offers early on.

Pressed For Time
On the other hand, you may want to accept an offer when you are short on time. For instance, you may have already purchased your next home. Accepting the first offer will ensure that you are paying for one mortgage at a time.  

Cash is King
If the first offer you receive is in cash, you might want to take the money and run! After all, this type of transaction will make the house selling process a lot easier. It can even help you close on a house sooner.

Did you know that the House Buying Nerds can buy your home in a short amount of time and pay in cash? Now you do! To learn more or to schedule an initial home visit, please go to our website or call 310-906-6823.

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