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counter offers

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Icon Mini Profile milicki69





Joined: 30 Apr 2008

Posts: 1

1.27 Dollars($)
Post Posted: Wed Apr 30, 2008 8:41 pm    Post subject: counter offers
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if a seller counter offer's and i accept, does law require them to sell to me? or can they sit on the offer for a higher bidder?(in texas)
Icon Mini Profile larry





Joined: 27 Jun 2007

Posts: 3322

474.67 Dollars($)
Post Posted: Wed Apr 30, 2008 9:33 pm    Post subject:
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Hi milicki,

Welcome to the forum.

Has the seller signed any real estate contract? If the seller has not signed any real estate contract then the seller can sell to any other bidders.

BTW I think you can consult with a real estate attorney on this topic.

Feel free to ask if you have any further questions.

Best of luck,
Larry
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
1089.18 Dollars($)
Post Posted: Fri May 02, 2008 12:05 am    Post subject:
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Milicki,

I suppose once the bidding is over, the highest bidder gets to purchase the home. And this applicable in all states.

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