Congratulations! So you’ve found a home you love. Now you need to make a compelling offer. Look to your agent to explain the process and guide you through. Ultimately, the right price to offer must fairly reflect the true market value of the home you want to buy. Your agent’s market research will help guide this decision.
The three basic components of your purchase offer are price, terms, and contingencies.
Price is obviously the dollar amount you are approved for, willing and able to pay.
Terms cover the other financial and timing factors that will be included in the offer.
Contingencies are clauses that let you out of the deal if the house has a problem that didn’t exist or which you weren’t aware of when you went under contract. They specify any event that will need to take place in order for you to fulfill the contract.
Darin Weidauer
Realtor
702-249-8912
1601 Pacific Coast Hwy., Suite 265
Hermosa Beach, CA 90254
CA DRE License #01870184
3090 S. Durango #100
Las Vegas, NV 89117
www.weidauergroup.com
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