Have you found the house of your dreams yet? If you've found a property you love, you now need to decide how much you're willing to offer. You want to be conservative enough that you get a good deal, but you don't want to bid so low that you risk losing the house. The following are some questions that need to be answered prior to making an offer:
- How long has the house been on the market? The longer it's been on the market, the more flexible the sellers are likely to be.
- How much are people paying for similar properties in the area?
- How much can you afford?
- Are you pre-approved for a loan? If so, you will be very attractive to sellers, and you'll have more room to negotiate.
- How badly do you want this sale to go through?
- See more Home Buyer Tools HERE
We can help you choose a price based on sound market analyses, comparable sales, and years of experience in the local market. We'll use our extensive negotiation skills to make sure that you get the home that you want for the best price possible. Call or email us for immediate assistance. See out Agents HERE
If you're about to make an offer on a home, one of the most critical contingencies you need to add to the offer is a home inspection. You want to know exactly what you're getting before the deal is done, or you risk losing thousands of dollars on repairs. See our: Home Owners Remodeling and Life Expectancy Guide
Items that need to be checked by a licensed home inspector include: the roof, foundation, plumbing, heating, and electrical systems. It's also important to check for signs of wood-destroying pests, mold, and other damages to the property. A proper inspection will take roughly three hours, and generally costs a few hundred dollars. If you can, join the inspector as s/he examines the home. This will ensure that you're well acquainted with the faults and foibles of the house—before closing on the deal. If the inspection does turn up serious problems, you can ask the sellers to either fix the problems or lower their asking price.
For information about reputable home inspectors in the area, call or email us. You can also find helpful Home Inspection and Contractor links HERE