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We placed a bid on a house?
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| Trading Marketplace to buy, sell or trade goods and services with other professionals
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05-09-2008
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Until you have a signed contract, the seller can do as he wishes.
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05-09-2008
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sure they can, it's called a bidding war, but you may luck out due to the economy and all
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05-09-2008
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Yes. If the other offer is a better offer. Maybe cash or no contingencies. Your offer may have a mortgage contingency, or maybe you have to sell your house first, or you want a number of inspections, etc. Unless your offer is in writing and signed by both buyer and seller, you are vulnerable to lose the deal.
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