Best Home Buyers

We can’t say anything about the accurate time frame but the time frame for offer acceptance by a home seller can depend on the offer and the corresponding language of the contract. In most cases, you will get a time limit whereas some states have prescribed limits. But keep in mind that the response you will get wouldn’t be only in your favor it’s up to the other party whether they will reject or accept your offer.

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A delay from the norm could have several different causes. Most of the time, the timeframe can be longer when a bank is selling a Property. This could be happened due to short sale or foreclosure. You can make an idea of five days in case of a foreclosure situation and a month more for a short sale. There should not be a delay in delivery a buyers' agent should immediately deliver an offer to the seller's agent when the buyer has signed it.

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It is also possible for a buyer to make an authorization for accepting the delivery of the signed offer.  The offer generally won't be considered delivered until the buyer receives it if the buyer's agent's name isn't entered and the appropriate box remains unchecked. Most of the time seller doesn’t show any response and wait a bit to see if any better offer will come in. sometimes a seller tries to accept another offer and for this purpose, they don’t show interest regarding your offer.