- MLS listing facts require independent confirmation
- Permits, title, insurance and financing are property-specific
- Source links are informational, not endorsements
Separate appraisal and inspection risk
Financed buyers may face appraisal, lender underwriting and property standards, while cash buyers may still hire inspectors or need time for title investigation. A seller should understand how inspection and appraisal contingencies are written, what loan type is involved and when performance must occur. An appraisal shortfall does not automatically require the seller to reduce price; the purchase contract and parties' negotiations govern alternatives. Some lenders have specific condominium or property-condition questions, but those requirements should be confirmed for the actual offer. Check that concessions and compensation requests are clearly stated without assuming a fixed commission obligation.
Choose terms you can actually perform
A fast closing may be inconvenient if the seller cannot vacate or complete required documents in time. Look at tenant rights, needed estate signatures, association resale packet turnaround, title or lien resolution and seller relocation plans. Make sure advertised inclusions and repair obligations can be delivered as agreed. Discuss counteroffers and acceptance deadlines with the responsible broker, not through a public online poll. Put changes in writing and keep a dated record of signed versions. A disciplined comparison table protects seller decision-making better than celebrating the highest price before underwriting and escrow begin.