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What Are Common Terms and Conditions in a House Offer

Realty Biz

So if you are only able to get a home loan at 5.25%, you can walk away from the deal with your earnest money deposit. Sometimes a seller will be willing to pay some or all of these costs to sell their home. Adding additional terms could make getting your offer accepted more challenging.

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16 Tips to Win a Bidding War on a House

The Close

Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract. That showed the sellers that my clients were more invested and serious about purchasing the home. But every little concession is important when you’re in a bidding war on a house.