Making an Offer
Before the offer to purchase is created, it is very important that you have been at least pre-qualified or better yet pre-approved by a lender.
This 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.
When you are buying a home, there are many problems that the seller is obligated to disclose, but these disclosures don't always paint the entire picture of the home. For this reason, your Broker/ Agent will always advise you to get professional inspections. Some of these inspections you as the Buyer will pay for, some the seller will pay for. This will vary depending on the property and the terms of the offer.
Things your Agent will need to know to write up an offer
- Agent will reach out to the listing agent to seek any information, I can obtain to help our offer.
- Agents can give advice, but it is up to you the Buyer to determent what you would like in your offer.
- Is the property priced well on the MLS? To high to low? How long has it been listed? What price do we offer?
- What would you like to put down for the earnest money deposit? 1-3%-/+
- Who pays for Survey? Survey waver? Inspection? Home warranty?
- When would you like to close? 30 days?
- Does the Seller want to stay in the home for any time after closing? Are you ok with that? Could you be?
- Do you want the washer, dryer, fridge, etc.?
- Agent will prepare and Buyer will Sign offer and Seller disclosures (if available).
- Agent will send all necessary docs to Seller's representation.
- Buyer will have not direct communication with the Seller or Sellers agent