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The Art of Making an Offer
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Posted On :
Feb-10-2011
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Article Word Count :
592
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You want to do everything in your power to make sure the Carrollton real estate offer you submit is one that best benefits you.
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You have found the home of your dreams - congratulations! Now you want to do everything in your power to make sure the Carrollton real estate offer you submit is one that best benefits you.
This is the one of the trickiest parts of the home buying experience, as the offer you submit must be strong enough to be accepted by the sellers, but also good enough for you and your budget. What do you do?
Well, the long and short of an offer is that the price you offer for a piece of Carrollton real estate is just one part of the offer. Here is what you need to know about making an offer so you can be assured all of your demands are spelled out clearly and that there won’t be any surprises down the road when purchasing Carrollton real estate:
• Your best bet when making an offer is to have the help of a qualified real estate agent. The bottom line is that a real estate agent, with plenty of experience as a buyer’s agent, will be able to walk you through the process of making an offer. He or she will also be able to let you know what you can offer and what would be pushing it. In other words, a realtor will be able to let you know how far you can go and what you can ask for without offending the seller.
• Remember that it is vital to keep the lines of communication open with the seller when it comes to making an offer for a piece of Carrollton real estate. If you make a low-ball offer for Carrollton real estate that is clearly worth more, you may end up offending the seller, who will then reject the offer and not even entertain your offer or concessions.
• Use the power of the Internet to research Carrollton real estate that has sold in the past six months in that area. Your realtor will be able to let you know if the recently sold homes were sold close to their listing price and the sales price of the homes. This information will better allow you to determine the value of the home and, ultimately, your offer.
• Consider concessions. Concessions are anything you want to add to the offer that would favor you. For example, you may ask the seller to pay half of your closing costs. Concessions are a typical part of any offer for Fort Worth real estate, although most sellers are more likely to accept an offer if it comes with few concessions.
• A common part of an offer includes a home inspection contingency, or a contingency that deals with your financing. For example, it may include a financing contingency that states that your offer is contingent upon you receiving specific financing terms. Remember, however, that the fewer contingencies placed on your offer, the more likely it is that you will receive a positive response from the seller of the Carrollton real estate.
• Your offer should also include the amount of “earnest” or “good faith” money that you will provide to the seller upon the acceptance of your offer.
• Your offer may also include a number of smaller details, such as asking the seller to include the appliances or certain furniture with the sale of the home. Offers can be quite specific, or they can be quite general, it all depends on the property purchases and the concessions you are requesting from the seller.
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Article Source :
http://www.articleseen.com/Article_The Art of Making an Offer_52144.aspx
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Author Resource :
Whether you are a seasoned buyer or first-time home owner, make the right residential choices by learning more about Fort Texas real estate and Carrollton real estate through VIP Realty’s market analysis.
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Keywords :
Fort Worth real estate, Carrollton real estate,
Category :
Finance
:
Real Estate
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