We are selling our first home, and I wanted to post on here to seek some advice/thoughts! Which one should we go with? Offer #1 has a low down payment, but they wrote a nice letter. Offer #2 has a high down payment which could make the financing process go smoother. Let me know your thoughts.
Listed Price: $125,000
Offer #1:
- Sale Price: $135,000
- Down Payment: $6,750
- Earnest Money: $2,500
- Story: First time home buyer, grew up in the neighborhood, professor at local university, young family
Offer #2:
- Sale Price: $132,000
- Down Payment: $80,000
- Earnest Money: $1,500
- Story: Army veteran, pre-approval coming from Navy Credit Union
Offer #3:
- Sale Price: $135,000
- Down Payment: $4,050
- Earnest Money: $1,500
- Story: Grew up in the city, young family, small business owner
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source https://www.reddit.com/r/RealEstate/comments/x0om5q/first_time_home_sellers/
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