There is a law in California called Specific Performance. If they offer you full price you have to accept. It prevents discrimination. But if there are multiple offers-you don't have to accept the full price one if there are others OVER FULL PRICE. If you accept one less that full price-then yea a lawsuit is coming if there is on at "FULL PRICE".
There were multiple offers-all at the same time on the home I purchased in Utah nine years ago. It was a foreclosure. I made an "over full price" offer-as did somebody else-they offered the same price. The Realtors decided that who ever had the best credit rating would get the house. I won.
There were multiple offers-all at the same time on the home I purchased in Utah nine years ago. It was a foreclosure. I made an "over full price" offer-as did somebody else-they offered the same price. The Realtors decided that who ever had the best credit rating would get the house. I won.