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Rank | Details | Deposit | Inspection | Loan | Closing |
---|---|---|---|---|---|
#1 | $485,000 Best Offer New from Sarah & John Smith • submitted on Jan 20, 2024 • expires on Feb 15, 2024 | $48,500 | 10 days | Conventional 20% down | 30 days |
Pros
Cons
AI SuggestionThis 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 | $475,000 New from Michael Chen • submitted on Jan 19, 2024 • expires on Feb 18, 2024 | $47,500 | 14 days | FHA 15% down | 45 days |
Pros
Cons
AI SuggestionThis 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. |
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.
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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