View Single Post
  #4   Report Post  
v
 
Posts: n/a
Default

On Mon, 11 Oct 2004 12:34:40 -0400, someone wrote:


I made an offer on a house, and the owner went for it. Signed the Purchase &
Sales agreement.

The realtor is still showing the house, which I guess is normal?

Yup. You haven't actually bought it until the closing. right now you
are just promising you are going to actually buy it. Do you have any
contingencies that have not been fulfilled? Sometimes people can't
get their mortgages, lose their job, whatever. You're darn right they
are going to keep showing it as long as its still their house.



slightly concerned. What if a party submits a bid significantly higher than
mine, the sellers & realtor have would obviously have incentive to go with
the higher bid.

Yup. Sure is. Better not screw up your end of it. Meet all your
dates, don't try to add on any extras or conditions, or they will
gladly invite you to pull out.



Is there any legal way they can do this? They would need to
nullify my contract I expect.

See above. You have a contract? Did you fulfill your end of it?


If you do what you need to do, no problemo. Screw up and you're toast
(IF they get a better offer, which is just speculation on your part,
at this point.)

-v.