South of the River News

May 4, 2009

Home Buying Process – Step 4

Filed under: Home Buying Process — Tags: , , — Nichole Fredrickson @ 10:55 am

Write an offer on the home you likeblank-notebook-and-pen

Putting together and offer on the home you like is an essential part of the process. You need to know that when you are making an offer, you will be required to put down “earnest money” that will be deposited with the listing broker when your offer is accepted. There are a few main points that need to be decided before writing an offer. First, the price. Second, are you asking for closing costs to be covered by the seller. Third, home inspection or no home inspection. Fourth, closing date. Fifth, arbitration or no arbitration. There are many more points to the purchase agreement but these are the points that the sellers will look at with the greatest weight.

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