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Why do sellers value terms more than higher purchase prices?

SellersBuyersReal Estate AgentsListingMortgage

Answer

Sellers prioritize offers likely to close smoothly over the highest price. Clear terms on inspection timelines, appraisal plans, and possession give sellers confidence to avoid delays or renegotiations. For instance, an offer including inspection within seven days, appraisal gap coverage, and planned possession schedule reads like a dependable plan rather than a mystery. This reduces risk and stress. Choosing the strongest terms boosts your chances even if your price is lower by a few thousand dollars.

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