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#1
Best Offer
New
$485,000

from Sarah & John Smith • submitted on Jan 20, 2024 • expires on Feb 15, 2024

Deposit

$48,500

Inspection

10 days

Loan

Conventional20% down

Closing

30 days

Pros

  • Strong conventional financing with 20% down payment
  • Expedited 10-day inspection period shows buyer confidence
  • Pre-approved buyers with excellent credit history
  • Competitive offer at 2% above asking price

Cons

  • 30-day closing timeline may be tight for some sellers
  • No escalation clause to compete with higher offers
  • Limited flexibility on closing date preferences

AI Suggestion

This offer demonstrates strong buyer commitment with conventional financing and a substantial down payment. The expedited inspection period indicates serious intent. Consider accepting if you prioritize a reliable, quick closing over maximum price optimization.

#2
New
$475,000

from Michael Chen • submitted on Jan 19, 2024 • expires on Feb 18, 2024

Deposit

$47,500

Inspection

14 days

Loan

FHA15% down

Closing

45 days

Pros

  • Higher purchase price relative to market value
  • Flexible 45-day closing provides planning time
  • Thorough 14-day inspection period for due diligence
  • FHA-backed financing ensures reliable funding

Cons

  • FHA requirements may include additional property conditions
  • Lower down payment (15%) indicates less buyer equity
  • Extended timeline may delay your next property purchase

AI Suggestion

This offer provides excellent flexibility with the extended timeline and thorough inspection period. FHA financing is government-backed and reliable, though it may require property condition adjustments. Ideal if you need time to coordinate your next move.

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