The Real Estate Encyclopedia
Low-Ball Offer
Category - Real Estate Glossary - Real Estate Terminology
1.  An offer from a prospective property buyer that is much lower than the listing price which may indicate that the buyer believes that the property will not receive many good offers and that the buyer is interested in the property only if it can be purchased at the price offered.

2.  A Low-Ball offer is an offer made to a seller that is substantially below their asking price, and/or market value.


References
 
Category(s)
Real Estate Glossary - Real Estate Terminology
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