Writing an Offer
WRITING AND NEGOTIATING AN OFFER
There is much more to writing an offer to purchase than many people think, but don’t worry, the Sandi Meisse Team is writing and negotiating offers constantly. We will not only ensure you are getting the home for the best price possible, we will ensure your interests are protected with other components of the offer. These are a few of the other common parts of an offer to purchase.
Although you are pre-approved, each purchase offer has to be approved by the lender. This is a minor step for us to handle. The bank will need to appraise the property for final approval and transfer of funds. We will elect for this contract to be contingent upon you obtaining your mortgage. This protects you by ensuring if your lender isn’t comfortable lending funds for that particular property, you can end the contract without penalty.
HOME INSPECTION CONTINGENCY
There are many parts of a home that may appear fine to the average person, but may be a concern when inspected by a professional. The last thing you need is to buy a home and later find that it requires thousands of dollars in repairs. Although not all homes require a home inspection, a number of small issues may be warning signs of larger problems. I make sure my clients always have an inspection. This may be some of the best money you can spend.
SELLERS PROPERTY DISCLOSURE
Sellers are required by law to complete a Sellers Disclosure Statement. It is a document that they must disclose any known defects in the home. Should there be too many issues to proceed with the purchase, you have the ability to terminate the contract without penalty to you.
There may be times when we need to add other conditions for your protection. We will identify these situations and ensure you are protected.