What is a ‘best and final’ offer in real estate?
If a home seller asks for your best and final offer, there are likely other bidders as well. It’s important to be strategic.
Elizabeth Rivelli is a contributor with more than three years of experience covering insurance and personal finance. Her expertise spans a wide range of insurance lines, including auto, home, renters and life insurance. She has also published content for several insurance providers, including Ethos Life.
In her career as a freelance writer, Elizabeth has written hundreds of insurance-focused articles with bylines in dozens of finance publications, such as Investopedia, The Balance, Money Under 30, Insurance.com and NextAdvisor.
If a home seller asks for your best and final offer, there are likely other bidders as well. It’s important to be strategic.
A complete list to get you organized and prepped, from initial listing to closing day.
In homes built before 1980, asbestos may be present and may be a problem.
Newly built, move-in condition. What’s not to like? Just be aware of a couple of caveats.
Learn more about Equitable's life insurance policies and ratings in our review.
It could be a great deal, a literal turnkey operation, but beware hidden wear-and-tear.
They don’t have to be deal-breakers, but do bear them in mind when bidding on a house.
Want to learn more about Section 8 housing? Bankrate has you covered.