A house comes on the market and it may have multiple offers within a few days.
Lehigh Valley Home Buyer's are making really good offers that would never have been done a few years ago.
This may seem good to Lehigh Valley Home Sellers but is it really?
Home Buyers are getting forced into making hasty decisions. "If you want the house we need to write up an offer now!!"
The second showing, where a buyer pays more attention to the home's condition and what they will offer, may never occur.
As a result, the home buyer is dependent on the property disclosure and property inspections to justify their offer. We love the house but are all of the major systems okay?
All of a sudden, the Home Buyers are faced with the fact that they paid full price or maybe higher for a property that needs thousand of dollars of Repairs.
The Home Seller received this offer, and potentially multiple offers, after only being on the market a few days.
Are the home sellers going to be willing to work with the buyer to negotiate some potential repair issues?
It depends on the motivation of the Lehigh Valley Home Seller. Do they wish to "deal" with the current buyer or put the home back on the market? Are they going to disclose any problems the previous buyer found with the home if they put the home back on the market? Legally, they are supposed to.
If a house was under agreement and comes back on the market your real estate agent should be checking to see what happened. Why did the deal fall apart?
For all of your Lehigh Valley Real Estate information, visit www.lehighvalleyhomesonline.com.