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What
To Expect
When Buying
Real Estate |
Making An
Offer
Once you
have identified a home of
interest, and before you place
an offer to purchase it, your
sales associate will prepare a
Comparative Market Analysis, to
help you better understand how
it compares to others on the
market of similar value and
features. With this information
in hand, you can place an offer
with a high degree of confidence
that it is fair and reasonable.
When an
offer is made on a property, a
Purchase and Sales Agreement is
drafted to document its details.
This will include the price you
are offering to pay, the time
frame within which you
anticipate being able to close,
and any contingencies that the
offer is predicated on, such as
satisfactory lender appraisal
and home inspection.
Your sales
associate will play a critical
role in this step, overseeing
the development and delivery of
the Purchase and Sales agreement
and
then managing all subsequent
negotiations until a final,
approved agreement is reached.
As much as possible, you should
refer to his or her experience
with this activity; as an
impartial third party, your
sales associate can help to make
sure that your needs and goals
remain in focus during what can
become an emotional time.

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