offer to purchase: Home Sellers Beware: The Devil's in the Details
- 04/05/10 12:19 AM
When you receive on Offer to Purchase, it's tempting to focus solely on the price. You might be ecstatic over a full price offer, but Team Morgan, your Miami-based Coldwell Banker realtors caution that you should be aware how "contingencies" could affect the likelihood of success. Almost every offer has a mortgage contingency, stating that the buyer will secure financing at a certain rate and a certain term. Make sure these factors are realistic. A buyer seeking a 30-year loan at 4% with no points may be hedging their bets if your agent advises that these loans are typically … (2 comments)
When you receive on Offer to Purchase, it's tempting to focus solely on the price. You might be ecstatic over a full price offer, but Team Morgan, your Miami-based Coldwell Banker realtors caution that you should be aware how "contingencies" could affect the likelihood of success. 
;)
;)
;)
