Question: Anyone have experience with this?
Selling 2BR OV in WKORV through Redweek. Bona Fide offer. Escrow through First American Title. SVO is exercising option to buy. Buyer REALLY wants to buy. He wants to increase offer price by $3000. Since SVO has formally notified me of intent to exercise, am I bound to sell to SVO at original price, or can we resubmit at higher level?
Selling 2BR OV in WKORV through Redweek. Bona Fide offer. Escrow through First American Title. SVO is exercising option to buy. Buyer REALLY wants to buy. He wants to increase offer price by $3000. Since SVO has formally notified me of intent to exercise, am I bound to sell to SVO at original price, or can we resubmit at higher level?
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