Buying real estate can be extremely emotional. After looking at several homes, you finally put an offer in on one. Truthfully, you probably have already "moved yourself in" to the home in your mind. Then you receive the news that your offer was not accepted.
The best case scenario is that you are presented with a counter offer and can get a better idea of why your offer was not appealing to the seller's. Worst case, you get no feedback. Wouldn't it be better to go into the process with an understanding of why offers to purchase real estate are often rejected?
#1 The Price Offered Was Too Low
In our current market in the Denver Metro Area, it is not uncommon to see multiple offer situations on properties priced appropriately for the…