BuyingAHome-JenniferChristenot
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22.) When will I know if the seller has accepted or rejected<br />
my offer?<br />
This is another very common question asked by a lot of buyers,<br />
especially those that are buying their first home, and it’s one<br />
that is very difficult to answer. Every minute that goes by<br />
after that offer has been submitted can seem like an eternity<br />
because you’re so anxious to hear whether or not you’re going<br />
to get the home. However, you should be aware that once<br />
the seller has received your offer, it has an expiration date<br />
and time. This time varies but could be anywhere between 12<br />
hours and 4 days.<br />
Your real estate agent will be able to tell you when you should<br />
be able to hear, but there are some guidelines that you can<br />
expect. If the home you’ve put an offer in on is a new listing<br />
with a high probability of receiving multiple offers, a shorter<br />
life, or closer expiry date, is suggested. However, if the property<br />
has been on the market for some time already and there are<br />
extenuating circumstances, such as the seller being out of<br />
town, a longer life might be necessary.<br />
23.) I’ve been offered a final walk-through of the home. Is this<br />
a necessary step?<br />
Every homebuyer that purchases a new home has the right<br />
and the opportunity to take a final walk-through of the home.<br />
Often the sale isn’t ready to close until weeks, sometimes even<br />
months, after you’ve initially walked through the home during<br />
the showing. A lot can happen during that time and you<br />
FAQ’S ABOUT BUYING A HOME | JENNIFER CHRISTENOT<br />
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