Making An Offer
What’s involved in making an offer?
When you have found the house that meets most of your needs and dreams, you’ll probably find yourself getting emotionally involved. You may imagine moving your furniture in, planting flowers, and envisioning your first big holiday party. But try not to get too attached prematurely. There are a number of steps you must take before you’re holding the keys in your hand, and you need to think clearly and objectively at this point so that the offer you make is a realistic one.
What Should I Offer? That is the Question.
There are a number of factors that will affect the offer you make. Supply and demand, the condition of the home, how long the house has been on the market, and your personal circumstances with regard to how soon you need to close on a home all come into play when framing your offer. You might also weigh in the demand for the home and how much you really want it. If you “low ball,” some sellers will react with a counter offer; others might dismiss your offer outright. In an active market, you’re likely to lose out by making a low bid. If multiple bids are anticipated, it’s advisable to go with your “best offer.” Your sales associate will advise you on ways to make your offer more attractive: for instance, a mortgage credit approval and flexibility on the closing\settlement date can help make your offer stand out and ultimately close the sale. Your American Trust sales associate, a neighborhood specialist, will help you think through all of these issues so you can determine what is the best offer for you to make at the time.
Tips for First Time Buyers
Buyer Frequently Asked Questions
10 Things Buyers Should Avoid
What To Do First: Buy or Sell?
Making an Offer
Simplify the Home Buying Process
Relieving the Stress of Packing
Land Buying Advice
Real Estate Glossary
Facts About Easements
Facts about Radon & Radon Testing
Lead Based Paint Facts & Disclosures
Mold in the Home
Saying "I Do" to First Homes
What is a CMA and Why Do You Need One?
How to Negotiate with Sellers