When You Find The House You Want To Call "Home"
It's time to prepare an offer. This is where you hope you've chosen a qualified agent. Your mutual goal should be to negotiate the lowest possible price in the shortest period of time, with the most favorable terms. An experienced agent will be able to help gauge a fair price and will negotiate with the seller and seller's agent for you.
Identify the maximum amount you can afford before you submit your offer, to keep you from going over your budget in the excitement. Ensure your offer is within your price range and include the letter of pre-approval from your lender. This will provide the sellers with a strong offer in case there are other offers on the same property.
If you have contingencies or conditions, attach them to your offer as well. Be ready to include a deposit check, which will be part of the down payment if the deal goes through.
The seller may accept, reject, or counter your offer within hours or it may take days, depending on the quality of your offer and the seller's desire to sell. You can either accept the counteroffer or "counter the counter." Once all parties are in agreement on price and the seller accepts, a third party (a lawyer, an escrow, or title company) completes the transaction for you with your lender.
As Buyers you should feel comfortable throughout the home buying process. Even if you don't choose to use Exceptional Realty Services to guide you and advise you, I know this information will be valuable.
If you have not made up your mind in terms of representation, I encourage you to compare other agents to what we have to offer. Although most people chose their agent based upon referrals, statistics show that most homeowners are not satisfied with their agent by the end of the process. The lesson here is to do your homework and make sure the person you are looking to use is more qualified and can meet your needs better than we can.
If you choose to use Exceptional Realty Services, we will immediately compile a list of homes based on your personal wants and needs. We are available to answer any of your questions, anytime. We can assist you with the process of finding a home, help with getting a loan, information for relocation, listing and selling your home, investment tips and tools, foreclosure assistance, short sale information and so forth.