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What Is A Counteroffer?

What Is A Counteroffer?

We get a lot of questions about Real Estate in Santa Clarita. This week we’re answering your question what is a counteroffer?

A: A counteroffer is an offer made by one party that makes changes to the original or latest offer of the other party.

Counter offers are generated by a home seller after a buyer has submitted an offer to purchase. Typically, counter offers will state that the seller has accepted the buyer’s offer subject to the following particulars. The following particulars can address such items as: Total consideration (generally a higher price), Increasing the size of the earnest money deposit, refusals to pay for certain reports or fees, changing service providers, altering closing or possession date, excluding personal property from the contract, and modifying contingency time frames.

If you are in the market to buyer or sell in 2017, contact us here, or at 661-373-2374. Let us help you through every step of the real estate process.

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Robert Mickalson

Robert & Lexie, at the Mickalson Group, are a top selling real estate team at Re/Max of Santa Clarita. With innovative marketing, negotiation mastery, and their focus on client care... the Mickalson Group brings the results their clients want and need. Specializing in the Santa Clarita Valley home market, they have gained the trust of hundreds of clients who refer them with confidence to friends and family. Interview the Mickalson Group for your real estate needs. Whether you're buying or selling, Robert & Lexie want to ensure your housing goals are met with success.

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