Making an Offer on a house | write offer on a home

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Making an offer on a house:

Now that you have found the home you would like to purchase, it's time to make an offer. Taking into account the recent sales of homes in that neighborhood which are similar in size, quality, conveniences, and amenities, what are you willing to pay for the home? If you are using a real estate agent, he or she will consult with you and advise you on how to create an offer that will have the best chance of being accepted. Do not not make an arbitrary guess as to the value of the property, but have a comparative market analysis on similar properties in the same area to guide you in writing what a fair market value of the house might be.

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Important: Checklist of necessary information before making an offer on a house.

If you are using an agent, he or she will ensure that you have everything down in written form... no verbal agreements. After consulting with your agent to put your offer in a written contract that meets all the legal requirements according to local and national guidelines, your agent will present the seller with a written document detailing what needs to be done by both parties to execute the transaction. The contract should protect the best interests of all parties involved and should be comprehensive in nature. Your agent will also ensure your financial position as the buyer by including any necessary contingencies, which would protect you if a particular requirement were not met. Once the seller accepts it, it may be too late to make any changes. When in doubt, always feel free to call on the Realty Professionals Team at Better Homes and Gardens Real Estate Metro Brokers at 770-683-8400 x364!

The contract, though not limited to this list, should include the following: Click here for more details!
· A complete legal description of the property
· The offering price
· The method of payment
· Financing arrangements and when application for a mortgage will be made
· A list of closing costs fees and who will pay them
· Amount of the earnest money, and who will hold it
· Inspection rights and possible repair allowances
· The method of conveying the title and who will handle the closing
· A list of appliances and furnishings which will stay with the home
· The settlement date
· Any relevant contingencies

Remember that the legalities of this phase are very important. If you have any questions or concerns, they need to be addressed right away. After all, no one has ever said at their closing, "I wish I had asked fewer questions."

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Disclaimer: This site is NOT intended to serve a solicitation for the purchase of securities or investments. It is specifically an informational source about Georgia Real Estate. All offers of listed property are subject to Georgia Law and the rules and regulations of the Georgia Real Estate Commission. All users of this site outside of the state of Georgia should consult with an attorney before purchasing real estate in Georgia.

IMPORTANT NOTICE Better Homes and Gardens Real Estate Metro Brokers, Coweta Fayette Real Estate, and Richard Weisser are not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. [If the broker represents that the seller should stop making payments add: "If you stop paying your mortgage, you could lose your home and damage your credit rating"]