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Real Estate
Reply to "Seller counters above list price?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I thought turning down a full-price offer without good reason was illegal because of anti-discrimination laws--- much less boosting the price. I wonder if these sellers may be unwittingly on thin ice here, legally speaking. [/quote] It wasn't a straight-up cash offer. There were financial contingencies. The buyer had to get a mortgage, so there would be an appraisal and inspection. If the buyer offered full price with cash and no contingencies, then the seller would be on thin ice if he/she refused or raised the price. [/quote] I don't ge why this myth persists. A seller may refuse to sell even if they get a full price non contingent offer. A seller can't be compelled to sell their house. They can't refuse to sell for a protected reason, but they can refuse to sell for no reason.[/quote]
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