Navigating the process of making a real estate offers can be straightforward with the right guidance. From securing financial pre-approval to negotiating terms and signing on the dotted line, each step plays a crucial role in ensuring a successful transaction. In this guide, we’ll walk you through the key elements of crafting a compelling offer that stands out to sellers while protecting your interests as a buyer. Whether you’re a first-time homebuyer or a seasoned investor, mastering the art of making an offer is essential for achieving your real estate goals.
- Have a pre-approval letter to attach to your real estate offer
- Calculate your offer price after reviewing comps
- Set a date to provide written confirmation to the listing agent/seller showing creditworthy to purchase real estate.
- Calculate 1% of the offer price for the earnest money amount.
- Choose a date for a home inspection to be completed by
- Decide if you want a home warranty
- Decide if you want lead base paint inspection
- Consider contingencies clauses/additional provisions
- Pick a closing attorney
- Choose a closing date that’s convenient for you
- Decide on an offer expiration date
- Sign your offer
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– Ashley Hedden
