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Home Buyer Tips: Writing Your Offer |
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Home buyer tips. Writing your offer; how to go about it the best way possible, so that you can know that you gave the seller something they can find acceptable. |
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Once you find the home you want
to buy, the next step is to write an
offer – which is not as easy
as it sounds. Your offer is the first step toward negotiating a
sales contract with the seller. Since this is just the beginning
of negotiations, you should put yourself in the seller’s shoes and
imagine his or her reaction to everything you include. Your goal
is to get what you want, and imagining the seller’s reactions will
help you attain that goal.
The offer is much more complicated than simply coming up with a
price and saying, "This is what I’ll pay." Because of the large
dollar amounts involved, especially in today’s litigious society,
both you and the seller want to build in protections and contingencies
to protect your investment and limit your risk.
In an offer to purchase real estate, you include not only the price
you are willing to pay, but other details of the purchase as well.
This includes how you intend to finance the home, your
down payment,
who pays what closing costs, what inspections are performed, timetables,
whether personal property is included in the purchase, terms of
cancellation, any repairs you want performed, which professional
services will be used, when you get physical possession of the property,
and how to settle disputes should they occur.
It is certainly more involved than buying a car. And more important.
Buying a home is a major event for both the buyer and seller. It
will affect your finances more than any other previous purchase
or investment. The seller makes plans based on your offer that affect
his finances, too. However, it is more important than just money.
In the half-hour it takes to write an offer you are making decisions
that affect how you live for the next several years, if not the
rest of your life. The seller is going to review your offer carefully,
because it also affects how he or she lives the rest of their life.
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Tired of searching though tons of homes for sale? Can't find your dream home. Fill out my simple form to find a home that matches your exact criteria. I'll do all the searching for you, and email you whatever I come up with.
When you want to buy a home in Southern Maryland you need buyer representation. Someone to look out for your best interest. The bonus is that I offer my services to buyers free.
Call me today before you go look at a home. If you are thinking about buying a new home, be sure to contact me before you walk into the model home. The agent there is working for the builder, not for you!
Plus, the builder has already figured in both of the real estate agents commissions into the price of the home. So the best thing to do is to get an agent, especially since you're going to pay for it anyway.
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