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Accepting An Offer >Evaluating Multiple Bids

Competition for homes is high in hot markets. When you are a seller faced with multiple offers on your home, how do you choose the best one? Your real estate agent can help you compare and contrast the terms of each proposal.

Look at the price of each offer and evaluate your net profit. Next, consider the terms of each contract. How "clean" is each offer? Are there contingencies that affect the sale, such as the buyers needing to sell another property before they can finalize the purchase of your home? Can you work out a mutually agreeable date for you to move out and for the buyers to move in? Can you get reasonable assurances that the buyers will be able to qualify for the financing they will need?

Your real estate agent can help you weigh the relative merits of each offer, so that you can accept--or counter--the best one, and line up another as an alternative.

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Q	What is the longest construction time for a private residence?
A	The Winchester House in San Jose, CA, was under construction for over 38 years.
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Sue Haslam, REALTORŽ, real estate agent and broker for Ocean City, West Ocean City and South Point Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Sue Haslam
Prudential Carruthers Realty
7501 Coastal Highway
Ocean City, MD. 21842
Local: 410-524-SELL (7355)
Toll Free: 888-533-SELL (7355 )
Direct: 410-524-7355
Fax: 410-524-6249
Email: Sue@sellingoc.com
Being one of Ocean City's most successful agents for over 22 years and ranking in the top 25 agents in her company does not happen by accident. Sue's incredible attention to detail combined with her comprehensive systems and first class Support Team are key ingredients to her success. Consistently delivering the winning combination of attentive personal service with the highest level of professional skills. Mission statement: "Very simply...to give such incredible service that our customers and clients feel compelled to, recommend us to their family, friends and acquaintances after they have gone to settlement on their real estate purchase."

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