Ready To Make An Offer? Watch This.
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.
A pre-approval letter is one of the best negotiating tools a buyer can have. It shows the seller that you are financially able to purchase the home. After you have found the right home, it is time to prepare the offer.
Now, let’s break down exactly how the offer-making process works. Here are the steps:
- First, you’ll view a house and decide you want to make an offer.
- Our team will do an analysis of the property to help you decide what a solid offer on the property looks like.
- We will help you write an offer letter and send it to the seller.
- The seller will respond in one of three ways:
The seller accepts the offer. Everyone is happy and as soon as both sides sign the offer letter, you’re officially under contract and on your way to buying a house!
The seller makes a counteroffer. You can either accept this counteroffer, go back with another offer of your own, or walk away.
The seller declines the offer. You could then try to make a more appealing offer, if your budget allows, or move on to find another house.
If you have questions or are ready to begin the home buying process, just complete the form below, and a member of our team will be in touch shortly!
Escrow is a process where a neutral third party holds funds and important documents during a real estate transaction. It ensures that both the buyer and seller fulfill their obligations before the transaction is completed. Escrow provides a secure and transparent mechanism to protect the interests of all parties involved in the transaction.View Resource
Are you a first-time homebuyer? Did you know that if you haven’t owned a property in the last three years that you are considered a first-time homebuyer?View Resource
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.View Resource
Once your offer is accepted by the seller it starts the offer accepted period. You will be asked for a down payment, typically 1% of the purchase price, on the home you are purchasing which will be held with an attorney or settlement company and applied to the final purchase of your property.View Resource
Complete the form below and we'll create you a custom property search. Anytime when we find properties that match your specific criteria we’ll send you an email.View Resource
Are you thinking about buying? The video resources below cover many of the common questions that most people have during the home buying journey.View Resource