Mr. and Mrs. Cox make Mr. and Mrs. Green an offer on their home, but they have not heard back from them on whether or not the offer has been accepted. In the meantime, they have found another home they would like to purchase instead. What is their best option?
Withdraw their offer with no penalty.
Wait for Mr. and Mrs. Green’s response. If they accept the offer, pay the withdraw fee outlined in the contract.
Modify their offer to one they are confident Mr. and Mrs. Green will not accept.
Withdraw their offer with penalty.
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