Top Ten Legal Mistakes Home Sellers Make

From the California Association of Realtors 1. Accepting the buyer with the highest offer without regard to the other contractual terms. 2. Not properly handling multiple offer situations with multiple buyers. 3. Not properly handling back-up offers. 4. Entering into an agreement with no earnest money deposit from the buyer, or a very small amount. 5. Entering into an agreement before verifying the buyer’s financial ability to close esrow. 6. Not disclosing known material fact affecting the... Read more »