Making an Offer
Listings
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| Can the Sellers Listen to Other Offers While They're Negotiating With Me?Can the Sellers Listen to Other Offers While They're Negotiating With Me? What an unpleasant surprise it can be to lose a home to another buyer just when you thought the negotiations with the sellers were all firmed up. To avoid this aggravating situation, keep the following ground rules in mind. In most cases, the sellers aren't obligated... |
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| Do I Need an Appraisal Contingency?Do I Need an Appraisal Contingency? Most buyers get a mortgage when they buy a home, often for 80 to 95 percent of the purchase price. Therefore, most purchase contracts include a contingency for the buyers to obtain the financing they need to complete the purchase. Precisely how the financing contingency is worded varies from one contract... |
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| Effective Negotiation StrategiesEffective Negotiation Strategies After years of putting up with seller's demands, buyers are now in a position to negotiate. The real estate market is softening and sellers no longer call all the shots. Granted, some listings will still attract multiple offers. However, in most cases, buyers will be able to negotiate a home purchase rather... |
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| How Are Offers Presented?How Are Offers Presented? After months of previewing dozens of listings that weren't quite right, you finally find one you like. Overwhelmed with excitement, you and your agent draft an offer and you instruct your agent to present it right away. Several hours later your agent calls to tell you that the seller won't be listening to offers... |
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| How Can I Be the Winner in a Multiple Offer Competition?How Can I Be the Winner in a Multiple Offer Competition? How can you improve your chances of success if you find yourself competing against other buyers for a home? The winner is usually the most qualified buyer who offers the best price with the fewest strings attached. A clean offer is one that's not loaded with contingencies --... |
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| How Can You Determine If a Fixer-Upper is a Good Deal?How Can You Determine If a Fixer-Upper is a Good Deal? Like all business propositions, buying rundown properties to fix up for profit is risky. So how can you make sure that a fixer-upper is a good deal that will make you money and not be a losing proposition? The first step is to find the right property, which isn't always easy. Not all... |
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