Considering Offers
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 seller.
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
- all-cash deal
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.
Categories
Recent Posts
Memo to Probate and Estate Attorneys: What a Listing Agent Should Bring to an Estate Sale in Maryland, DC and Northern Virginia
Memo to Family Law Attorneys: What a Listing Agent Should Bring to a Divorce Sale in Maryland, DC and Northern Virginia
Selling Your Silver Spring Home in the New Year? Start With These Numbers
Touring Open Houses in District Heights? Here's How to Actually Use Them
First Time Buying a Home in Bowie? Avoid These Common Missteps
Selling a Home During a Divorce in Silver Spring? What to Decide First
Downsizing From Your Alexandria Home? Start With These Questions
Stopped by an Open House in Capitol Heights? Here's What It's Really Telling You
Buying a Home in Annapolis? How to Win Without Overpaying
Got a Cash Offer on Your Crofton Home? Here's What to Actually Compare
