Preparing Your Offer!

Once you have found the property you wish to purchase, make sure you have an experienced agent or lawyer to help you with your offer.   Make sure your contract covers all aspects of your purchase such as items that remain, finance terms, downpayment amount, inspection contingencies, closing date, possession date and other terms that are material to your purchase.   A well written contract can save you a lot of headaches and misunderstandings.

More importantly, if you are competing with other buyers, you need to make sure your bid is submitted on time and reflects how high you wish to go.  Always stay within your financial limits and make sure you have carefully assessed the property’s condition, location, permitted use, taxes, utility budgets, value and property title.  There are a lot issues to consider, so if you are a first time buyer, we recommend you find a trustworthy buyer agent to represent you.  Find out how much experience the agent has and what service he or she will provide.  Make sure you know whose position he or she serves - yours, the sellers or their own.  Too many agents are concerned about commissions and may fail to represent you properly, so select your agent carefully.

When buying direct from an owner, make sure the service you use is legitimate and has integrity.  Discuss all the important issues and make sure you are comfortable with the process.  If you need help, contact us.