Negotiating the Purchase
When you have selected the house you want to
buy, your next step is to submit a signed real
estate offer to purchase. Our licensed North
Carolina real estate agents will take you
through a step-by-step process in order to
prepare your real estate offer:
- You know the seller's asking price, but
your buyer's agent will assist you in
determining what the home is really worth by
researching comparables and market
statistics.
- Decide how much earnest money to offer.
Your earnest money is usually held by the
listing company until the sale is closed or
the contract is broker. When the sale is
closed, it is applied to the down payment or
closing costs. But, if you fail to buy the
house after the seller has accepted your
offer, the seller has the right to keep this
earnest money.
- Specify your desired closing date and
possession date. Allow yourself enough time
to obtain financing.
- Determine which items you may want to
negotiate in the price you are offering.
Items the seller may not necessarily be
leaving behind may include any of the
following: appliances, light fixtures,
chandeliers, gas logs, fireplace tools,
window coverings and swing sets.
I will present the offer to the seller's
agent. The seller will either accept, reject, or
counter your offer with changes in the terms. If
the seller submits a counteroffer, you may
either sign it as acceptance of the agreement,
make another counteroffer, or withdraw your
offer.
When both the seller and buyer agree to the
terms and sign the document, it becomes a valid
contract.
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Buying a Home?
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Selling A Home?
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If you have any questions or would like more
information, please contact us 828-776-7244 ,
email us, or use our
online request form. |
