Posted on January 17, 2019 - 03:21 PM
by Sondra Joyce
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
“Sondra helped us buy a house sight unseen in rural Durango, Co.! She knew what we were looking for and found a foreclosure that would have been over a million dollars on the open market. She took videos and pictures on several occasions, and we made an offer that was accepted. I still tingle when I walk in the door. This is the most beautiful home and property in South West Colorado we have ever owned, and Sondra Joyce was our buyer broker, negotiator, realtor extraordinaire. She looked beyond the traditional MLS for homes for sale by owner, and foreclosures. We couldn’t be happier!”Kim Kelley