Found 2 blog entries tagged as offer.

Deciding which offer to take when presented with multiple offers takes more than just picking the highest bidder. Every seller has to consider a number of factors about the potential homeowners they're dealing with, such as their financing and offer commitment. On the opposite side of the transaction, buyers need to weigh things like conditions in fine print - even blind bidding. So, how do you begin to even deal with a multiple offer scenario? This week, we look at five considerations for both buyers and sellers:

An image of a young couple going over their offer to purchase with a Realtor 



1) Priorities

First and foremost, discuss priorities with your Realtor. While you might have to compromise on some things, your Realtor will do what it takes to check off as many of your goals/priorities as possible. 

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The purchase of a home isn't at all like buying a chocolate bar from a convenience store, or even like buying a large piece of furniture. There's legalities to consider, items to move, systems to check and so on. To make sure all of these things are taken care of, there's a process. You know, the home buying process and the home selling process we so often talk about. An important initial part of the process for both buying and selling is the Offer to Purchase, or Buyer's Offer if your prefer. So, regardless if you find yourself on the selling side of things, familiarizing yourself with the Offer to Purchase will be a beneficial step that'll help you and your Realtor negotiate and refine when the time comes to get back to the buyer. Here are the major…

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