Finding the right house could take a few weeks or even months. However, what occurs when you find the one? How and when do you make a proposal? Don’t worry, with some recommendations, you could ace your home offer.
So, you’ve simply regarded a house and it looks as if it is able to be the one. Now you’re geared up to make a proposal! This is when your REALTOR® normally steps in to write down an offer letter on your behalf and ship it to the seller’s agent.
Now, let’s break down the process of making an offer.
- First, you have to find the house that meets all of your needs and wants, the one.
- Then you will talk to your agent and go over details on the home value, together you will decide on what to offer.
- Your agent will be in charge of writing the offer letter and sending it to the seller’s agent.
The seller will respond in one of the following ways:
Seller accepts the offer
Yay! Everyone is happy. As quickly as both parties sign the offer letter provided, you’re officially under contract and closer to owning your dream home!
Seller makes a counteroffer
You may either accept this counteroffer, cross again with another offer of your very own, or stroll away.
Seller declines the offer
You could either try to make a more appealing offer (if your budget allows it), or walk away and search for another home.