Making An Offer

Last week, I talked about finding a home that's right for you. After you find that home, the next step is to make an offer.  You may choose to set the offering price based on comparable homes on the market (http://www.homevaluesinthehoustonarea.com/) or you can have a professional appraisal done. At this point, my expertise is especially valuable. Once settled on a price, you will have to put the offer in writing using what is called a purchase contract or purchase agreement, which will be presented to the seller. Earnest money or money indicating the seriousness of your offer to purchase may have to be put down with the contract. If the seller rejects the initial offer, you may receive a counteroffer, which marks the beginning of the negotiation phase of the purchase process. This is the fun part.  Once you reach an agreement, you will likely require a lender if you are not paying cash.  I will talk about selecting a mortgage lender next week.

Give The Newlywed Real Estate Agent a call @ 832-647-1769.