North Canton, OH asked in Real Estate Law for Ohio

Q: 2 of us put an offer on same house. Seller now wants a bidding war while not rejecting either offer after 2 days.

We put in an offer on a house for sale on the same day someone else did. It's been 2 days and now the seller says we need to offer more money. Is it legal for them to turn this into what is essentially an auction where we can't see what the other person is offering or if they're even outbidding us at all?

Related Topics:
1 Lawyer Answer
Joseph Jaap
Joseph Jaap
Answered
  • Cincinnati, OH
  • Licensed in Ohio

A: Yes, seller can do that when there are multiple competing offers. Seller is under no obligation to disclose what others have offered.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.