You have been searching for a long time, and you have finally found the perfect home that will help you achieve the American Dream. It’s time to make an offer. Here are some hints to help you make that offer, and make an offer that will get accepted.
First you need to understand how much you can afford. I know it’s not as much fun as looking for a house, but you need to know what your finances are and fully understand them. Speak to the mortgage rep and get pre-approved so that you know exactly how much you can afford. Don’t forget to calculate in your closing costs.
Once you have all that you need to move quickly because there are many other people out there looking at that same house. And if they come in with an offer before you, you will be literally left out in the cold.
Next, when you make an offer, make it a good one. Don’t try to low ball it too much, in today’s market the sellers will just say no and wait for the next one to come in.
At last, be ready to negotiate. The most commonly negotiated items in a contract are the price and the closing date. If you’re in the fortunate position where you can be flexible on the closing date, it will be a big help.
Take your agent’s advice. After all, the average person buys a house maybe 3 or 4 times in their lifetime. A successful Realtor sells 30 or 40 homes per year, or more. We have a little more experience in this than the average home buyer.