Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Step 1: Don't Jump at the Highest Price
It's tempting to grab the top-dollar offer and run, but the terms matter just as much (if not more) than the number.
When reviewing offers, look at:
- Financing type (cash vs. mortgage)
- Contingencies (appraisal, inspection, home sale, financing)
- Closing timeline
- Earnest money deposit
- Repair requests or credits
For many buyers, factors like local school districts also weigh heavily in their decision, which can indirectly influence the strength and reliability of their offer. In some markets, school districts influence buyer demand, which can impact how competitive offers are.
A slightly lower offer with no contingencies can be far safer than a high offer full of potential delays.
Step 2: Understand Contingencies
Contingencies are clauses that allow buyers to walk away under certain conditions. The more contingencies in an offer, the more risk for you as the seller.
Common contingencies include:
- Home inspection: Buyer can request repairs or walk away
- Home appraisal: Especially risky in hot markets where prices rise fast
- Financing: Buyer's loan could fall through
- Home sale: Buyer must sell their current home before buying yours
Cash offers from a legitimate home buyer like MSP Offer often waive all these contingencies.
Hear From Other Homeowners
Homeowners across Maryland trust MSP Offer to make their probate property sales seamless and stress-free. Here's what they have to say about their experience.
"Gene was great! Very professional and easy to talk with about all the steps involved."
Antoinette Walker
2024-07-23
"Very patient and able to close fast!"
Xai Xiong
2024-03-20
"Gene was great very transparent about the process making it easy and stress free!"
Erica Roper
2024-07-19
Step 3: Consider Certainty and Speed
A fast, clean deal might be worth more than a higher offer that takes 60+ days to close. If you're on a tight timeline, certainty is king.
Ask:
- How soon can they close?
- Are they using bank financing or buying with cash?
- What happens if the deal gets delayed?
Timing can also affect your financial outcome, since closing in a different tax year may change how capital gains tax applies to your sale.
Cash buyers in Minnesota often close in 7 to 14 days, no lender involvement required.
Step 4: Use a Backup Offer
If one offer stands out but you're unsure, secure a backup. This keeps other buyers in the loop if your primary offer falls through.
Just make sure:
- It's in writing
- Both parties understand it's a backup
- You don't string anyone along without transparency
Having a backup offer gives you leverage and peace of mind.
Step 5: Know When to Call for "Highest and Best"
If multiple buyers are close in price or terms, you can ask all of them to submit their highest and best offers by a deadline. This encourages competitive bidding, but be careful not to overplay it and drive buyers away.
Pro Tip: Use this approach only when buyer demand is strong; otherwise, you risk discouraging serious offers.
Get Your Free Cash Offer Now!
Fill out this form to get your no-obligation all cash offer started!
Get Your Free Offer TODAY!
Fill In This Form To Get Your No-Obligation All Cash Offer Started!
Choose the Offer That Fits Your Goals
Selling your home isn't just about the price, it's about what matters most to you. Whether that's speed, fewer complications, or maximizing net profit, take time to weigh:
- Offer amount
- Terms and contingencies
- Closing timeline
- Buyer qualifications
Contact MSP Offer by filling out the form to get a fair, all-cash offer with zero stress. We buy houses in Minnesota with no commissions, no repairs, and no risk of buyers backing out.