NewBuyer Weblog

The First Time Home Buyer – Making an Offer on a House

Posted by NewBuyer on January 7, 2010 | No Comments

A comprehensive, eye-opening look at key issues when making an offer on a house. Learn how to craft your offer to follow local laws and customs. See how much to offer if the home is overpriced and avoid a purchase offer for more than the house is worth. Carefully consider an earnest money deposit while including inspection, loan and appraisal contingencies. Remember to include an offer deadline and list the items to be included in the sale.

From the resource: “You’ve found it, the perfect house. Now the real stress begins, to move forward you have to make a written offer. This piece of paper is a contract between you and the seller that will lay out the terms of the transaction. Mistakes in your offer could end up costing you big money so it’s important to get it right. Let’s look at some key issues when making an offer on a house.”

Source: M is For Money

Read More About Making an Offer on a Home at Newbuyer.com

Making an Offer

Posted by Elizabeth Dennis on December 22, 2009 | No Comments

A high-quality resource with helpful information on what it means to make an offer on a home. Learn how to negotiate the sales price and make an offer in writing. Before negotiating, determine if it is you or the seller that has the stronger position. See what items to include in your home purchase offer such as proposed purchase price, concessions, conveyances and more.

Source: Freddie Mac

Read More About Making an Offer on a Home at Newbuyer.com

Make an Offer, Sign a Contract and Pay Earnest Money

Posted by NewBuyer on December 17, 2009 | No Comments

A detailed look into the many facets of making an offer on a home. Learn the factors to consider when making your offer, how the contract works, how to protect yourself against a “lemon house” and the importance of earnest money.

A sample from the resource about earnest money “Once you sign the contract, make sure to have the inspection, survey, and appraisal performed quickly, or you can lose your earnest money.”

Source: Michael Blue Jay

Read More About Making an Offer on a Home at Newbuyer.com