The road to buying a house can be full of confusing turns and rough
patches. To make the entire experience quick and easy, a number of people work
with real estate
professionals who can provide them with valuable advice and guidance. If you
already found a dream home or maybe just a lovely property that has piqued your
interest, having a real estate pro on your side can guarantee that you do
things right and to your advantage, especially when you make an offer.
Things to Include When Making an Offer
The purchase offer is a comprehensive document and process that real
estate agents know like the back of their hands. Consider the offer as the
“binding sales contract” so it needs to be detailed and specific as possible,
leaving no room for misinterpretations. Given its important role in the final
sale, the offer should include key details such as the address and legal
description of the property, terms of the sale, sale price, target date for
closing, insurance provisions, amount of the earnest money deposit, and other
contingencies (i.e. home inspection, financing).
Not Too Low and Not Too High
There is a fine line between a good and a bad offer. Make a good offer
and the house is yours; make the mistake of going too low and you can say
goodbye to your ideal home. When you consult a real estate pro in your area who
knows the usual prices and comparative value of properties, you’ll have a
clearer picture of the best offer to make. This ensures that you get the most
of your investment and enjoy enough savings without insulting the seller or
property owner.
Real estate offers can be tricky but you can take the uncertainty and
complexities out of the equation by working with a professional from an
established real estate firm.
Source:
The Basics of Making an Offer on a House, Realtor.com
