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Managing Seller Risks of Conditional Offers

In a balanced market, more sellers are choosing to accept offers from buyers who need to close on a sale of another property before closing on the purchase of the seller’s property. Deals with the CREC a “Conditional Sale Deadline” leave Sellers strung out until the buyer closes on the sale of the “old home”

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You represent the Buyer and the Seller Refuses to Close

Sometimes granting an extension or other accommodation of the breaching side lets the defaulting party off the hook.   Learn what to do (beyond the basics of demonstrating that your buyer is ready, willing and able to close). Note: This is the final video of a 3-part video series. See Part I:  Seller Can Reject Full

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Seller Can Reject Full Price Offers

Does a seller have an obligation to accept full price, cash offers? If a seller receives a full price, 100% cash offer with proof of buyer funds, is the seller obligated to accept that offer? The answer is probably no, but the seller probably owes the listing broker a commission. Learn about the factors that

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Jon Goodman is a shareholder with Frascona, Joiner, Goodman and Greenstein, P.C., a Colorado law firm. His practice areas include Real EstateBrokerage LawContractsLand UseLeasingReal Estate TitleAssociation LawBusiness Law, and FinanceContact Jon Goodman.

Disclaimer — Content is general information only. Information is not provided as advice for a specific matter, nor does its publication create an attorney-client relationship. Laws vary from one state to another. For legal advice on a specific matter, consult an attorney.

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