Offer and acceptance analysis is a traditional approach in contract law used to determine whether an agreement exists between two parties. An offer is an indication by one person to another of their willingness to contract on certain terms without further negotiations.
It’s possible that Company A may decline your extension request, in which case you have to make a choice to either 1) accept Company A’s offer without knowing the outcome of Company B’s offer or 2) decline Company A while banking on Company B’s offer. While it might be enticing to accept Company A’s offer while also keeping the door open for Company B, accepting and then rescinding an offer.
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· When your offer is declined, you can’t help but feel discouraged, so if you want to prevent your offer from being refused, here are some tips to use to make sure you have as good of a chance as possible to have your offer accepted. One main reason why your offer was probably refused is because it was too low.
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There’s nothing automatic here (you cannot "recall" an offer rejection and assume that you will be hired), but anything is possible. Since it’s only been 2 weeks, call whoever offered the job immediately. Tell them you have thought through their offer more fully and would like to change your mind and accept it. Then see where it goes from there.
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Having your offer accepted feels great-but for most home buyers, it’s just the beginning. There is still a lot more to be done before you’re over the front threshold. Here’s a rundown of.
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For example, the offer might be good until 3 days from the date of the buyer’s signature at a certain time, such as, say 5 PM. Or, the purchase contract could contain a specific date. If you received an offer dated January 2 on January 3rd, and it was valid for 72 hours at 5 PM, it would expire at 5 PM on January 5th.