Rejection is a hard thing to face in life, whether it’s from a potential client, a potential boss or a potential home seller. As a Santa Cruz home buyer, your stress level might be reduced if you’re aware of some of the reasons a seller may reject your offer.
Before I give you the list of reasons, I’d like to mention that even if you and your buyer’s agent do everything right, the seller may still reject your offer. It frequently has nothing to do with you.
With that said, here are 5 common reasons sellers reject offers on their homes:
1. The offer wasn’t enough for them to pay off their mortgage. For most sellers, the bottom line is paying off their mortgage. If your offer won’t cover the mortgage, they cannot accept it.
2. They may have just been