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How to make a winning offer on your dream house?
How to make a winning offer on your dream house?
When you find your dream home and want to make an offer, you may find you have to compete with multiple offers on the same listing. Yes, writing a high offer will incentivize the seller, ¡but money isn’t the only factor! You’ll want to be prepared, informed, unemotional, and strategic.
You can put an offer on a house by contacting the home’s listing agent. If you’re working with your own agent, the agent should submit the offer for you. With homes for sale by owner, you or your real estate agent could contact the homeowner directly.
To get the house you want without overpaying, start by following these six guidelines:
1. Agree to a purchase Price
2. Contingencies set financial, inspections or purchase
3. Determine earnest money amount
4. Define a move-in date
5. Spell out special requests and repairs to be included in the sale
6. Signo n the dotted lines
If your offer is accepted, you’ll need to part with some cash – namely an earnest money deposit. Your earnest money shows you plan to follow through on the purchase agreement. This amount could range from about 1% to 3% of the purchase price, and it should go into an escrow account to later be applied to your down payment.
If you want to know more about how to make your offer, you know you can call me, I will make it simple and safe!
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