Making an Offer on a Home

Your offer to purchase
Counter offers
Home warranties

   100 Questions & Answers
   Homebuyer's Dictionary (glossary)

Counter Offers

Your REALTOR® will advise you of the seller's response after you've made an offer.  The seller may accept your offer, reject it, or make a counteroffer.

If your offer is rejected, you will need to decide if you can, and wish to, make a higher offer.  If the seller makes a counteroffer, you will need to make the same determination. Can you afford the new price? Will you need additional mortgage financing?

Other negotiations among the seller, yourself and your REALTOR® may also take place. Before making a counteroffer of your own, or agreeing to go ahead with the purchase, be sure to carefully examine every aspect of the counteroffer before you.

Next page

Home      Program Search      Home Buying Process      Consumer Issues      Education      About MHP

This site is sponsored by the MIAMI Association of REALTOR®
Copyright © 2012 Kansas City Regional Association of REALTORS®