We want to share with you some ideas today, regarding transactions when buying or selling a home. Particularly, how to recognize a good offer if you are a seller. There are several key things you should pay attention to with offers. First, you want to make sure that the contract you are being offered is valid, with all the i’s dotted and t’s crossed, as well as full disclosures in case anything is wrong with the house.
Another thing to do is make sure that the buyer is pre-qualified before you accept the offer. If a pre-approval letter is attached to the offer, you know they can afford the home.
Finally, make sure there is not a contingency you are aware of. It’s very common for buyers to submit contingent offers, especially when they are trying to sell their home before they buy yours.
If you have any questions, feel free to give us a call. We would be glad to help you out.