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Once an offer from a closed bid has been accepted can it then be out bidded?

2 estate agents, a repossed house. after a bidding war we entered into a closed bid and won.3 days later we were told we,d been outbidded.
How is this possible?

Asked by: 308 days ago - 1 Answers - 1076 views

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    Ethically, you cannot be outbid. However, you might not have any recourse if you have not contract to indicate that you won the bid and that the seller could not accept any new offer.

    Answer by BusinessDictionary.com 307 days ago


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