Real Estate Solutions

Here are some of the other factors that matter

CONTINGENCIES

The fewer contingencies on an offer the better. Shorter time periods are also valuable.

All Cash Buyer

A cash offer is usually more appealing than a finance offer as the seller doesn't need to worry about the bank approving the loan.

Pre-Approval

Assures home sellers that the buyer can get the loan they need.

Closing Timeline

You might need to close quickly to move on to the next adventure, or you might need to extend closing to allow time for the next home to be ready. Choosing the offer with the closing time that fits your Neds will be most attractive to you.

Closing Costs

Sometimes an offer comes in high, but the buyer asks you to pay a percentage of the buyer's closing costs.

Buyer Letter

If you care about the future of your home, a buyer letter could assure you that you're selling to someone who will love the home and your neighbours as much as you did.

Repair Requests

If the home needs some repairs, but you don't have the time or money to do them, a buyer who is willing to do them for you might be what you need.

Offer Price

Of course price matters too! If a high offer will cost you more in closing costs, repairs or other factors, then it probably won't be the better offer.

AFTER AN OFFER IS SUBMITTED

WE CAN:

Accept the offer
Decline the offer if the offer isn't close enough to your expectations and there is need to further negotiate.
Counter the offer

A counteroffer is when you offer different terms to the buyer.

THE BUYER CAN THEN:

Accept the counter-offer
Decline the counter-offer
Counter the offer

You can negotiate back and forth as many times as needed until you reach an agreement or someone chooses to walk away.

OFFER IS ACCEPTED

You will sign the purchase agreement and you are now officially under contract! This period of time is called the contingency period.

Now inspections, appraisals, or anything else built into your purchase agreement will take place.

Price is just one of many considerations when deciding which offer is best for your home