Posted on September 19, 2018 - 08:45 AM
by Mike Weghorst
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
Franklin and I are first-time homebuyers, and the process seemed daunting to us in the beginning! After deciding to work with Mike as our realtor, we were able to get focused. We searched for our house at a particularly competitive time on the market, and we were lucky that Mike was so committed to us. He was willing to meet us at any crazy time of the day or however last-minute of notice, to allow us to get in to see a house. We felt like he really prioritized us- and we assume that he makes all of his clients feel that way. Mike was able to answer our questions and we were confident in his guidance. Mike helped us to secure our first home and he shared in our excitement when our offer was accepted.Caitlin E. Naples
Copyright 2018,MLS of Greater Cincinnati, Inc. All rights reserved. The broker providing this data believes it to be correct, but advises interested parties to confirm all information before relying on it in a purchase decision. The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real Estate listings held by brokerage firms other than Stanley Realty, are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not include all the properties available through Broker Reciprocity. IDX information is provided exclusively for consumers’ personal, non-commercial use. IDX information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Information last updated on 2018-11-18