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February 13, 2012

Making an Offer

Deciding to make an offer, and deciding on its amount and timing, can be an anxious time. For some buyers, the excitement of choosing a home may begin to fade when faced with the prospect of actually committing to a property by submitting an Offer To Purchase document. While for those who bought and sold homes, this may be a less daunting moment than for the first time buyer, it still requires more than casual reflection. The more familiar with the market and the purchase process, the more comfortable a buyer will be in moving forward to the offer stage. To that end, it often makes sense to have reviewed sample forms used by REALTORS® when first beginning to house hunt.  The terms of an Offer should be a function of ones’ budget, how much the buyers like and want the property, and how they see it comparing in value to similar properties.