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Open Houses

 
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Guest
PostPosted: Sat Apr 20, 2019 3:41 am GMT    Post subject: Open Houses Reply with quote
It's real estate high season. Has anyone gone to open houses? I haven't.
Are they as busy as the last two years?
The news reports say it's calmed down a bit.
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Guest
Guest
PostPosted: Thu May 02, 2019 1:16 pm GMT    Post subject: Reply with quote
We had an open house Thurs, Sat & Sun. We got a few great offers but less overall offers than I expected. Cash was still king.
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Guest
PostPosted: Thu May 02, 2019 4:29 pm GMT    Post subject: Reply with quote
Guest wrote:
We had an open house Thurs, Sat & Sun. We got a few great offers but less overall offers than I expected. Cash was still king.



I wonder why a seller cares if it's cash or borrowed.
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Elrond



Joined: 27 Feb 2013
Posts: 48
Location: Boston, MA
PostPosted: Thu May 09, 2019 5:09 pm GMT    Post subject: Reply with quote
Cash offers with no contingencies almost guarantee the sale will go through. It's not uncommon for a home to appraise for less than the asking price in which case a buyer can back out of the deal.
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