selling in a buyer’s market and its location in a declining market area has forced the seller to accept a lower value than they might prefer. The further drop in price suggested by a low appraisal may slow or disrupt the closing process while further negotiations are conducted.
#8. Set the Time and Date of the Closing
The closing date is a negotiable factor during the offer and acceptance phase of a home sale transaction. When making an offer, the buyer will include a closing date and, depending on the seller’s circumstances, it may be acceptable or may be countered
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