SUBMITTING AN OFFER
Once you have found the right property , the next step is to make a purchase offer to the seller .
Determine the price you want to offer :
• The price the seller is asking may or may not reflect realistic market value .
• One of the best ways to determine market value is with a Comparative Market Analysis ( CMA ) showing similar properties that sold recently , those that are currently active on the market and those that failed to sell .
• I will assist you in market research and discuss with you an estimate of costs associated with purchasing this property .
Decide on financing :
• We will review the status of your loan pre-approval .
• We will work together with your mortgage consultant to explain financing options and help you determine the mortgage plan that best fits your requirements .
Decide on other issues that are important to you , such as :
• Items of personal property you want included with the house .
• Warranty , inspections , repairs or other home enhancements by the seller .
• Closing date and possession .
I will present your offer :
• The seller will have three choices : accept your offer as it is presented ; reject it completely ; or propose adjustments to your offer ( counter offer )
• If there is a counter offer , you can choose whether to accept it , reject it or counter it
Once you have reached agreement with the seller , you will have a firm contract to purchase the home .