Once the Offer is Accepted
Order an Inspection
Negotiating the Final Offer
Negotiating the Final Offer
At the inspection period, we will schedule an inspection with a reputable home inspector to do a thorough investigation of the home. Once this is complete, the inspector will provide us with a list of their findings. You can take the issues as-is or request the seller to address some or all of the findings. We will be mindful and reasonab
At the inspection period, we will schedule an inspection with a reputable home inspector to do a thorough investigation of the home. Once this is complete, the inspector will provide us with a list of their findings. You can take the issues as-is or request the seller to address some or all of the findings. We will be mindful and reasonable on smaller items, while being very cautious and vigilant of potentially significant issues.
Negotiating the Final Offer
Negotiating the Final Offer
Negotiating the Final Offer
Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes.
- Ask for a credit for the work that needs to be done. Likely, the last thing the seller wants to do is repair the work.
- Thing "big picture" and don't sweat the small stuff. Tile that needs some caulking,
Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes.
- Ask for a credit for the work that needs to be done. Likely, the last thing the seller wants to do is repair the work.
- Thing "big picture" and don't sweat the small stuff. Tile that needs some caulking, or a leaky faucet can easily be fixed. Repairs are still up for negotiation and perhaps a small credit would help with closing costs.
- Keep your poker face. The listing agent will be present during inspections and revealing your comfort level with the home could come back to haunt you in further discussions or negotiations.
Appraisal Ordered
Negotiating the Final Offer
Appraisal Ordered
Your lender will arrange for a third party appraiser to provide an independent estimate of the value of the house you are buying. The appraisal lets all parties involved know that the price is fair. The loan file the moves on to the mortgage underwrite.
If approved you will receive your final commitment letter that includes the final loan terms & percentage rates.