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Katareen
5,000 Posts!
Member since 4/10 7180 total posts
Name:
Katherine
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Accepted Offer
If we verbally accept an offer on our co-op--is that legally binding?
DH and I accepted an offer 2 weeks ago, but now we have a couple that wants to look at the apt. If they offer us more, what can we do??
We are FSBO--no agent on our side.
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Posted 3/28/11 10:49 AM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
bicosi
life is a carousel
Member since 7/07 14956 total posts
Name:
M
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Re: Accepted Offer
Unless you have a signed contract, no, not IMO..
I would let the other couple see it and see what happens.
You can have more than 1 offer done made.. if this new couple likes it and puts in an offer, then they can serve as a back-up in case the other one falls through. kwim?
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| Posted 3/28/11 10:51 AM |
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julesrbf
Baby Girl
Member since 6/09 3882 total posts
Name:
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Re: Accepted Offer
Nothing is official until contracts are signed! Good luck!
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| Posted 3/28/11 10:55 AM |
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JandJ1224
Member since 6/06 5911 total posts
Name:
Jannette
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Re: Accepted Offer
Did the other couple do an inspection yet? Do they have a preapproval? You are not obligated to take the first offer. Since you accepted you should at least give them the option to match a higher offer if you should get one.
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| Posted 3/28/11 11:38 AM |
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