Effective Strategies for Handling Property Objections
Discover key insights on handling objections in real estate transactions, including limitations, buyer and seller obligations, and buyer's rights after the cure period. Learn about important considerations and actions to take for a successful property transaction.
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Presentation Transcript
Limitations on Objections
THINGS TO REMEMBER
Buyer must object the earlier of the Closing Date or a set number of days selected by the Buyer 1
2 Failure to object constitutes waiver
3 Requirements in Schedule C still have to be resolved
4 If your client elects to add prohibited activity make sure you consider HOA restrictions as well
SELLER OBLIGATIONS Seller shall cure objections within fifteen (15) days and Closing Date will be extended as necessary. Seller does not have to take on if there are expenses.
BUYER RIGHTS Within 5 days after Cure Period, Buyer may elect to void the Contract or waive the objections.
