Making an Offer in Your Relocation

Reblogger Yvette Chisholm
Real Estate Agent with Long & Foster Real Estate, Inc. Assc Broker MD DC VA

My friend Jeff Dowler talks about the importance of understanding local customs when making an offer in a new place.   The Metro Washington DC area, which includes Maryalnd and Virginia suburbs has a lot of difference just between themselves.  It is important to hire an agent who can assist you in understanding and give you the information that you need to make the right choices.

Original content by Jeff Dowler, CRS CA DRE #01490977

Making an Offer in Your Relocation

You need to know the offer process when buying a home in your relocationNo doubt you are planning to buy a new home when you relocate. Whether or not you are a first time buyer or one who is experienced, if you are moving to a new area and planning to buy there are some things you need to know about making an offer on a new home.

The process of making an offer, and the paperwork, can vary substantially from state to state. Some states are very simple, while others are much more structured and complex.

Keeping that in mind, as a relocating buyer it's critical that you:

 

1. Discuss the specifics of the offer process in your new location with your REALTOR® so you know what to expect

2. Obtain copies of all paperwork needed for making an offer from your REALTOR® in advance so you can review and ask questions, and be prepared for the offer process

3. Understand if there is a live deposit required when making an offer, a copy of an EMD (earnest money deposit), or nothing at all.

know what you can afford4. Be pre-approved. This cannot be stressed enough! A current written pre-approval showing you have the financial qualifications to buy is essential to make a competitive offer. Plus you will know what you can really afford to buy before you start looking

5. Make sure you can provide proof of funds, especially if you are paying cash. Find out what might be required or what the standard protocol is, and when documentation is needed (e.g., with the offer, after offer acceptance)

 

Need more relocation tips? Check out my Relocation A to Z Blog. I am happy to help from start to finish with your relocation here to SoCal, or with a move out of this area. 

If you are moving and need more information let me knowIf you are moving someplace other than SoCal, I can still help you.

I know a great network of highly qualified agents around the country and can help refer you to the right person to help find your new home and/or sell your current one no matter where you are or where you are going

 

Here are the prior articles (with videos) in this series in case you missed them: 

Video #14 - Top Tips for Searching for a Home Online in Your Relocation

Video 13 – Preparing for the Move in Your Relocation 

Video #12 – Relocating with Pets

Video #11 – Making the Most of Your House Hunting Trips in Your Relocation 

Video #10 – Help Your REALTOR® Help You in Your Relocation

Video #9 – Finding School, Crime and Other Information During Your Relocation

Video #8 – Packing for your Relocation: Do It Yourself or Not

Video #7 – Making Your List and Checking it Twice: Your Relocation Checklist That Is

Video #6 – Questions to Ask Your Movers

Video #5 - Buying vs. Renting When Relocating to Your New Home 

Video #4 – Finding the Right REALTOR® to Help in Your Relocation

Video #3 – Moving with a Relocation Package

Video #2 – Getting Pre-Approved

Video #1 – Relocation Expenses

Introduction to Relocation Tips Video Series

 

 

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If I can provide more information about Carlsbad homes and real estate for sale and surrounding areas, the housing market in general (or locally), or otherwise assist you, friends or family in a home search or sale, please contact my mobile office or text me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com

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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Yvette

Thanks for the reblog. There are so many differences in the offer process and the paperwork, by state and even within states, so it's critical that we understand so we can coach our clients effectively.

Jeff

Mar 12, 2014 01:34 PM #1
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Yvette Chisholm

Associate Broker - Rockville, MD 301-758-9500
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