Expert advice can help keep you safely within your financial, legal limits in a home purchase bidding war

Author: External Author | | Categories: Business Law , Legal Service , Residential Mortgage

consult_with_realtor.jpg

My husband and I have found the perfect home. I’ve been told that multiple offers are being accepted at a specific time. Are we able to see what others are offering before we make ours?

Thank you for your question, I have been asked this more than a few times, as many transactions are taking place with multiple — or competing — offers.

Sellers represented by real estate brokerages in Ontario accept offers in closed bidding process, so you can’t know how much other buyers are offering, or any of the terms or conditions within them.

Read More

Original Article Source Credits:   The Star , https://www.thestar.com/

Article Written By:   Joe Richer

Original Article Posted on:  Dec. 11, 2020

Link to Original Article:  https://www.thestar.com/life/homes/2020/12/11/expert-advice-can-help-keep-you-safely-within-your-financial-legal-limits-in-a-home-purchase-bidding-war.html?rf



READ MORE BLOG ARTICLES