Contact Information

Richard
Richard Martin Realty
1920 E. Rochelle Rd
Palm Springs, Ca, 92262
Office: 760-416-7777
Cell: 760-578-8472
Lic. #: 01212139
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Buyer Services

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Palm Springs Houses Under $500,000
                                 Over $500,000
Palm Springs Condos Under $250,000
                                 Over $250,000
Palm Springs Luxury $800k to 1.2m
                                
$1.2M to 2.0M
                                 $2.0M PLUS

low offers info | Print |

Is a low offer a good idea?

While your low offer in a normal market might be rejected immediately, in a buyer's market a motivated seller will either accept or make a counteroffer.
Full-price offers or above are more likely to be accepted by the seller. But there are other considerations involved:


* Is the offer contingent upon anything, such as the sale of the buyer's current house? If so, a low offer, even at full price, may not be as attractive as an offer without that condition.
* Is the offer made on the house as is, or does the buyer want the seller to make some repairs or lower the price instead?
* Is the offer all cash, meaning the buyer has waived the financing contingency? If so, then an offer at less than the asking price may be more attractive to the seller than a full-price offer with a financing contingency.


Questions about Palm Springs, California Real Estate?

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Last Updated ( Wednesday, 30 July 2008 )
 
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