What happens after an offer is given on a house? Once you submit an offer one of three things can happen: it can be accepted, rejected or countered. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know if you submit an offer that is perceived by the seller as reasonable, you will very likely get an acceptance and move forward into your inspections and due diligence timeframes. If your offer is too low or has unreasonable terms from the seller’s perspective, then likely will get a rejection or counter. If you get a rejection, you may want to move on as it likely indicates both parties have too large of a gap in value perceptions.
If you get countered, then its time to relook and either agree to the counter terms or recounter with your terms modified slightly. Check out below to see what’s currently listed for sale in Turnberry Estates in January 2016:
40320 Prestwick Court, Novi: 3 bedrooms, 3.2 bathrooms, 8,131 total sq. feet, Listed Price: $1,675,000
20881 Turnberry Blvd., Novi: 5 bedrooms, 4.3 bathrooms, 8,527 total sq. feet, 3 car garage, Listed Price: $2,195,000
Be sure to have a local Realtor represent you and explain this process to you as it happens. For more information on Turnberry Estates, or similar Northville or Novi neighborhoods such as Tuscany Reserve, Fox Hollow and Bellagio, contact The DiMora Team today at 248-505-7728 or email@example.com.