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.
 








 

 

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Buyer's Guide

Tips for First Time Buyers

Buyer Frequently Asked Questions

10 Things Buyers Should Avoid

What To Do First: Buy or Sell?

Making an Offer

Inspections

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
 
 



 

 

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