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.
Have questions? Ready to begin the home buying process? Complete the form below and a member of our team will be in touch!
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
We know how hard it can be to find the right contractor/service vendor for your home maintenance and updating needs. For this reason, we have compiled a list of contractors and service vendors that have personally helped us in the past or our clients and friends. Prior to selecting a contractor/service vendor, be sure to discuss your project with them in great detail and, get written bids. Most issues that arise when working with a contractor/service provider stem from a vague and/or verbal work order. Investing some time in getting bids and clarifying your job can save A LOT of headaches. Taylor Realty Group Exceeding Expectations For Your Real Estate Needs.®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