Buying A Home
Fingerscrossed14
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Waiting to see if our offer will be approved
Last night we put in an offer for a house at 7% below the asking price with 3% closing costs. We are not feeling too optimistic since the house just hit the market last week. Really hoping that they don't ask for more than 5% less than asking with the assist. The waiting is excruciating. Haven't heard anything yet and our agent is only giving them until tonight to respond. What happens if they don't respond at all? Is that just a no go?
Re: Waiting to see if our offer will be approved
It isn't uncommon for sellers to want to sit on an offer for a few days while waiting to see if anything better comes along, especially if it just hit the market. While you're waiting to see if an offer is accepted, you can just carry on looking for houses.
Since you gave them the deadline, not hearing anything is essentially the same as them rejecting your offer. If you don't hear anything and you want to be sure, you could have your realtor contact the listing agent to see if it was a definite rejection, or if they just didn't have time to work out a counter offer, etc.
We didn't give deadlines, but for the most part, we received responses the next day. If it took longer than that, we simply kept looking at houses and our realtor kept in touch with the listing agent. We were patient because we would rather have our offer accepted late, rather than walk away from a house just because the response time was too slow.
Whether or not it's something that is normally done, If you don't feel comfortable giving such short deadlines, feel free to speak up about it.