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Counter Offer Clarification

Q. If a seller makes a counter offer to a buyer’s offer; may the seller later remove the counter offer and accept the buyer’s original offer?

ANS:  No.  When a counter offer is made, a buyer’s original offer is terminated and no longer can be accepted.

- FAR, Legal Q&A’s 2007 -

Related posts:

  1. Did You Know?
  2. Foreclosure
  3. Deed Truths
  4. Short Sale - Buyer Issues
  5. Mortgage Interest Rate Fluctuation

Posted by Art on 13/06/2007
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