6 Common Reasons Why Sellers Reject Purchase Offers
Posted by Paul Lamba on
When you make an offer on the home of your dreams, the last thing you want is to receive a rejection letter. Rejection is never easy and can be extremely discouraging, especially for first-time homebuyers. You might wonder what went wrong and what you could've done differently.
There are several reasons why a seller might reject an offer, but it's helpful for buyers to know the most common reasons to avoid losing out on the home of their dreams.
Here are 6 common reasons a seller may reject your offer:
1. Your offer was lower than the asking price, and the sellers want more for their home (there's also a chance they felt offended or insulted by your lowball offer).
2. You didn't submit a pre-approval or pre-qualification letter with your…
144 Views, 0 Comments