Making an Offer
In This Chapter
• A house-by-house comparison
• Crafting your offer
• Making a counteroffer
• Comprehending contingencies
• Options for fixing problems that arise in the transaction
If the home you like has most, or all, of the things you have on the checklist that you made in the earlier chapters, you’re ready to make an offer. If it’s currently a buyer’s market, you may need to act quickly—get the offer in and close the sale. If you don’t, you may lose the house to someone who gets their bid in before you.
Knowing not just how to make an offer, but how to make the “right” offer, is very important. Just because someone is asking $275,000 for a three-bedroom raised ranch home doesn’t mean that it’s worth that much. It’s ...