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A prospective buyer submits an offer to purchase a home for $256,000. the seller changes the price to $260,000, initials the change, signs the offer and sends it back to the purchaser. what has occurred
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A prospective buyer submits an offer to purchase a home for $256,000. the seller changes the price to $260,000, initials the change, signs the offer and sends it back to the purchaser. what has occurred here?

User Wliao
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1 Answer

1 vote
The answer to the question is that the seller has rejected the initial offer and has offered a counter-offer to the prospective buyer. The seller was likely unsatisfied with the initial offer and has issued a counter-offer to the purchaser.
User Desorder
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