by Anonymous on December 17th, 2007

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Offered 55,000 on a listed property "as is" listed for 59,900. Seller sold to a higher bidder with inspection clause within his offer. Legal?

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by Persky Bunkermeister on December 17th, 2007
Legal, unless the seller accepted your offer first.
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by Old School on December 17th, 2007
My understanding is that, in general, a real estate seller is not compelled to accept any particular offer from a buyer. The seller can pick the offer that he/she believes to be the best situation.

http://www.houseclicks.com/buying/offers.html

Now, if the seller accepted your offer and signed something on paper to that effect, then you have a legal contract and the seller cannot turn around and sell to the higher bidder.
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Offered 55,000 on a listed property "as is" listed for 59,900. Seller sold to a higher bidder with inspection clause within his offer. Legal?

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Offered 55,000 on a listed property "as is" listed for 59,900. Seller sold to a higher bidder with inspection clause within his offer. Legal?

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