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Dishin' Dirt with Gary Pickren on Offer Way Over Ask, But They Have no Intention of Paying That!
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The real estate market is on fire. Multiple offers are being made in a matter of hours. Most of the offers are for asking price or higher. Sometimes an offer will be for $50k, $60k, $70k or more over asking. But is this offer legit or fake? Is the buyer trying to "buy" the contract by making the contract contingent on appraisal knowing it will not appraise and they can renegotiate latter. Is this practice legal and ethical? Is this bad practice for the seller and/or buyer. Lisa Harris of eXp joins me to discuss.
Also, in "What Happened While You Were Showing" we answer the…
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