We lost out on a house we wanted to buy because someone bid higher. Can we find out how much the offer was?
This is a common question from New Orleans home buyers, especially in some of the hot neighborhoods that are experiencing multiple offers on homes.
The quick answer is no, because the terms of a contract are confidential until after the act of sale.
You essentially have 2 choices:
1. Have your agent ask if the seller is accepting backup offers
2. Continue searching for another great New Orleans home for sale.
Don’t despair. There are a lot of choices for buyers that are prepared to make an offer as soon as they see the right property.