once I Bid can I pull out before the dead line from the bid without the penality ?

1103ek
1103ek
Both Buyer and Seller
20901

Mon Nov 9 2009, 07:07 - Home Buying in 20901 - 1 answer
Helpful
 (0)  
Email Alerts
Send to a friend
Save
Report  
Answers (1)
Bruce Lemieux
Bruce Lemieux
Agent
Montgomery County, MD
FIRST ANSWER

Hi - I don't understand the question. If you've presented a purchase offer to a seller, you can retract the offer at any time. If you present an offer and the seller accepts, then your contract is 'ratified' and you can only void the contract based on the specific dates/terms in the contract. Before ratification, however, you don't have a contract or any agreement, so you can retract it anytime. Hope that helps.

Web Reference: http://mocorealestate.com/
Mon Nov 9 2009, 10:23
Helpful
 (0)
Link to this answer
  Report

Didn’t find what you were looking for? Ask a question!

More Q&A about Home Buying in 20901

View all »
Don Tepper, Real Estate Pro in Fairfax, VA
Can a seller continue showing a property after they already have a signed contract with a buyer?
Answered Fri Dec 11 2009, 04:00 by Don Tepper in 20901
Read all 3 answers
Laura Roskel…, Real Estate Pro in Fort Meade, MD
Hi everyone! Closed on our new home mid-July. First sustained cold rain (we've had heavy but not over many days and all in warm weather) and
Answered Sun Oct 18 2009, 10:42 by Laura Roskelly, Re… in 20901
Read all 4 answers
Randy, Both Buyer and Seller in La Motte, IA
is there a good roofing company in Burtonsville md??
Asked Mon Sep 28 2009, 08:20 by Randy in 20901
Be the first to answer
Kathy Dawson,…, Real Estate Pro in Crofton, MD
I was the winning bidder on the property, but seller has not accepted the offer, they have upto 15 days to do, but recent heavy rain has caused lot
Answered Sat Sep 26 2009, 22:36 by Kathy Dawson, GRI in 20901
Read all 4 answers
Debbie Rose, Real Estate Pro in Livingston, NJ
Some significant problems at home inspection outside of contractual obligations but sellers won't budge on
Answered Sat Apr 25 2009, 21:28 by Debbie Rose in 20901
Read all 8 answers
View all Home Buying questions and answers in 20901 »
Search Advice
e.g., "foreclosure", "short sale", "mortgage"
e.g., "San Francisco, CA", "New York, NY"
SEARCH

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 67
Map these properties
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback