Just like buyers can on the lookout for signs that a home isn’t all it’s promised to be, sellers should also know and be able to recognize the different signs that can show that an offer just isn’t worth the trouble it could bring. Accepting a bad offer can cause a homeowner to lose money, not move on time, or even worse, so it’s important to recognize the signs. Here are some of the most common red flags that sellers need to know and why they should raise flags when they show up.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
1. Small Earnest Money Offer
When a buyer makes an offer on a home, they also include what is known as an earnest money…