HOW DO I MAKE AN OFFER Your real estate agent will assist you in making an offer, which will includethe following information
-Complete legal description of the property
-Amount of earnest money
-Down payment and financing details
-Proposed move-in date
-Price you are offering
-Proposed closing date
-Length of time the offer is valid
-Details of the deal
Remember that a sale commitment depends on negotiating a satisfactorycontract with the seller, not just Making an offer.
HOW DO I DETERMINE THE INITIAL OFFER
Unless you have a buyer's agent, remember that theagent works for the seller. Make a point of asking him or her to keep yourdiscussions and information confidential. Listen to your real estate agent'sadvice, but follow your own instincts on deciding a fair price. Calculatingyour offer should involve several factors what homes sell for in the area, thehome's condition, how long it's been on the market, financing terms, and theseller's situation. By the time you're ready to make an offer, you should havea good idea of what the home is worth and what you can afford. And, be preparedfor give-and-take negotiation, which is very common when buying a home. Thebuyer and seller may often go back and forth until they can agree on a price.
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