Real Estate

Only 8 Steps to Home Ownership – Step 5

Step 4: Make an Offer

 

Woohoo! You found the perfect home for you and your family! What to do next?

Make an offer!

make an offer

 

Offers are contingent upon three things: price, terms, and contingencies.

  • Price is obviously the dollar amount you are approved for, willing, and able to pay.
  • Terms cover the other financial and timing factors that will be included in your offer.
  • Contingencies are clauses that let you out of the deal if the house has a problem that didn’t exist or that you weren’t aware of when you went under contract. Contingencies specify any event that will need to take place in order for you to fulfill the contract.

 

make an offer

 

Considering these three items, your agent then conducts market research on the home to determine its fair market value. From this, you and your realtor can then fashion an educated and informed offer to the seller.

For more information about making an offer, contact me and we can discuss your questions in general or look at a specific home you have your eye on.

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Several free tools are available on this website to help narrow your search, from new home search pages, to maps of zip code areas to search, and a handy mobile app for your Apple or Android device.

Want to learn more about buying a home and home ownership? Download the free booklet here. And when you’re ready to start your search for your new home, contact DaLea and put her to work for you!

DaLea-Ellis-- 8-Steps to Home Ownership

Whether your looking to make an offer on a home for your family in northwest Las Vegas or another part of the valley, DaLea can help you take the next step to home ownership and finding a home.

Photo by Charles Henry

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