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Mr. Seller - we got an offer, BUT.......
I just got an (verbal) offer on one of my listings. Usually that would be good news, but...
The home is listed - let´s say - at 350,000. The offer came in at 290,500. In our market this is something that happens. 
The next thing is, that they offer a deposit of $1000 (not that much), the sale is contingent to the sale of their home (closing is in September) and our closing would be mid November - but they "really believe their contract should go through". Of course we still have a financing contingency...
I know that my seller won´t be to enthusiastic about this offer.
Any suggestions for my seller?
Any good or bad experiences with kick-out or backup clauses?
... more

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