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Writing an Offer on a House
Once your buyer finds their perfect home, the next step is to write an offer; which is not as easy as it sounds.
An offer to purchase a home includes detailed, complex information. Buying a home and writing an offer should not be emotional or stressful. A real estate practitioner can guide the buyer client and offer advice, however the buyer is the one who must make the final decision during each round of offers and counter offers.
The quality of your offer is almost as important as the price you offer to buy that home. However, poorly written offers lessens the buyer chances to get their offer accepted. If you make mistakes, omit or include items that would put the buyer at a disadvantage relative to other buyers or trap them into an agreement that is not in the buyer’s best interest can result in complaints and law suites.
In an offer to purchase real estate, you include not only the price you are willing to pay, but other details of the purchase as well. This includes how you intend to finance the home, your down payment, who pays what closing costs, what inspections are performed, timetables, whether personal property is included in the purchase, terms of cancellation, any repairs you want performed, which professional services will be used, when you get physical possession of the property, and how to settle disputes should they occur.
3 Hour CE In-Class Continuing Education Course | My CE Class LLC #5914 | Cathy McDaniel
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Cathy McDaniel is the author of “A Road Map To Saving Your Home" which is available at the National Association of REALTORS bookshelf. Cathy has just released her current book “The Route to Homeownership” Generational Differences in Home Buying.
Being in the real estate and mortgage industry since 1993 she opened "My CE Class, LLC" in 2007, a real estate school approved by the Georgia Real Estate Commission. Cathy has conducted over 1,000 live continuing education classes, authored 145 training manuals and has met and trained more than 90,000 real estate professionals throughout 23 states since 2007. She is licensed as a continuing education instructor at many real estate boards and associations across the country.
Cathy is recognized as an industry expert in homeownership and received from Georgia Real Estate Educators Association the 2016 “Outstanding New Program Course” and the 2008 “Educator of the Year. She serves as the Education Director for Georgia Realty School a division of Virtual Properties Realty, Qualifying Broker for Owners 1st Property Management Company, and has a partnership with HomeStar Financial Corporation, Halperin Lyman, LLC and DR Horton Communities and many others which allows her to offer free classes and community events.
Visit: www.classeswithcathymcdaniel.com for course descriptions, dates and locations.
To predict the future you must create it ...Cathy McDaniel
Cathy's Motto: "Autograph Your Work With Excellence!"