How do I make an offer on a home?
- Consult with your real estate agent & mortgage broker: Discuss your interest in making an offer and provide your agent with the necessary details.
- Determine your offer price: Consider the market value and comparable sales to determine a competitive offer price.
- Review terms and contingencies: Discuss the desired terms, such as closing date and any contingencies (e.g., financing or inspection).
- Submit the offer: Your agent will prepare the necessary paperwork, including the purchase agreement, and submit the offer to the seller or the seller’s agent.
- Negotiate and finalize: The seller may accept, reject, or make a counteroffer. Negotiate through your agent until mutually agreeable terms are reached, and then finalize the offer.