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Real Estate
Reply to "Lost out on dream house to cash offer"
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[quote=Anonymous]It’s the contingencies. People take a lower offer if it seems stronger. We took a slightly lower cash offer but the higher offer didn’t have an appraisal contingency but had an inspection contingency. We felt like that was there to protect them if the financing didn’t work out. So we took the lower cash offer. It was about the one that seemed most likely to close smoothly. [/quote]
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