New Mexico Sample Letter Concerning Counterproposal of Purchase of Stock
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How to fill out Sample Letter Concerning Counterproposal Of Purchase Of Stock?
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Example: Susan Seller offers to sell her house for $150,000, to be paid in 60 days; Bruce Buyer receives the offer and gives Seller a counter offer of $140,000, payable in 45 days. The original offer is dead, despite the shorter time for payment since the price is lower.
Counter offer. n. an offer made in response to a previous offer by the other party during negotiations for a final contract. Making a counter offer automatically rejects the prior offer, and requires an acceptance under the terms of the counter offer or there is no contract.
You can increase your asking price by enough to still get as high as your list price after paying the buyer's closing costs. If your list price is $200,000, and the buyer offers $190,000 with $6,000 toward closing, you would counter with something between $196,000 and $206,000, with $6,000 for closing costs.
If you hand in your resignation and your employer gives you a counteroffer, it may suggest that you were not fully appreciated in the first place as a valuable employee. The offer is proof that they can offer more money or office space, for instance, and that they were initially holding out on you.
Offers and Counter Offers are Binding . A written offer is a legally binding document once it is accepted by the seller. Similarly, a counter-offer is binding once it is accepted by the buyer.