Can a seller accept a cash offer over a subject to finance offer?

Modified on: Fri, 13 Dec, 2019 at 9:38 AM


No. 

The whole premise of having buyers Terms Accepted, is that it allows the maximum possible number of buyers to participate on a level playing field.  

It’s important when setting the terms and conditions of sale with your agent, you are clear as to what you will and won’t accept such as length of settlement, offers subject to finance, deposit amount or any other item you consider important as the highest bidder will purchase your property if the reserve is met.

It is vital that you work closely with your agent to set these terms or ask for their advice as to what is fair and equitable.

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