Can you outbid a pending offer?

Sale pending (or “offer pending”) simply means that a buyer has submitted an offer and the seller has accepted it. In other words, this isn’t the sort of situation where you can simply opt to outbid all the other buyers – it’s already past that point.

What if seller lies on seller disclosure?

What Types of Damages May I Recover If the Seller Fraudulently Failed to Disclose? California law states that a seller who willfully or negligently fails their duty to the seller shall be liable for the amount of damages suffered by the buyer.

Can a seller back out of a pending sale?

To put it simply, a seller can back out at any point if contingencies outlined in the home purchase agreement are not met. These agreements are legally binding contracts, which is why backing out of them can be complicated, and something that most people want to avoid.

How long is a seller’s disclosure Good For?

10 years
Depending on where you live, sellers can be on the hook for what they disclose (or fail to) for up to 10 years. Sellers should err on the side of caution. If you know it, put it out there.

Can landlord break lease to sell property California?

Your landlord isn’t allowed to break your lease due to a sale unless the lease itself allows him to do so. At a minimum, you have the right to 30 days’ notice before you must move. Usually, however, you have the right to stay in your rental unit until the lease expires.

Can a seller reject an offer after accepting?

Absolutely. We have seen cases where the seller has accepted another offer after the buyer has signed the contract and sent the deposit. A seller can do that before they sign. Either party can do whatever they want until there is a fully executed contract.

Is it possible to sell a house in California without an agent?

If you sell a house worth $667,400 — the median home value in California — that’s over $26,700, which is a huge chunk of your potential profits. Selling without a real estate agent, known as listing For Sale By Owner (FSBO), is a viable option for experienced home sellers who are willing to put in the time and effort.

How to sell a home in Southern California?

In Southern California, the seller customarily pays. Sometimes the buyer and seller agree to split the cost. Local custom can vary by county. Your real estate broker will be able to tell you what’s customary in your area. Buyers and sellers of California homes customarily use escrow agents to facilitate the sale.

How much does it cost to sell a house by owner in California?

Selling a house For Sale by Owner (FSBO) in California can save you 2.3% to 5.4% in realtor commissions. But prepare for a lot of work, including filing the required paperwork and learning about your local market to make the most from your sale. In California, the average commission rate is 4.6% to 5.4%.

How many condos are for sale in California?

Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-30 23:32:30 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.

Where to find condos for sale in California?

Search 12310 in California condos for sale and MLS Listings. View listing photos, nearby sales and find the perfect condos for sale in California Beautiful condo in the Heart of Covina! Boasting over 1,300 SQFT, 2 bedrooms + large loft, 3 bathrooms, and 2 car garage.

Can you sell your house and condo at the same time?

No, it’s not just like selling a house! Condos have their own unique selling points and challenges that are good to know before you put yours on the market, so heed the advice below on how to pinpoint the right time, price, marketing tactics, and more so you can make out like a bandit once someone bites.

In Southern California, the seller customarily pays. Sometimes the buyer and seller agree to split the cost. Local custom can vary by county. Your real estate broker will be able to tell you what’s customary in your area. Buyers and sellers of California homes customarily use escrow agents to facilitate the sale.

What to look for when selling a condominium?

“One of the best features to accentuate when selling a condo is the lifestyle of ease that comes with condominium ownership,” says Listanski. “Many buyers are looking for the hassle-free living experience that they can’t find with a single-family detached house.” They’re free to lock the door and go on a trip without worrying about their property.