Realtor®
From Offer to Under Contract- In Detail
Once you find your dream home, the journey continues with crafting and submitting a winning offer, navigating contingencies, and ultimately reaching the closing table. I’m here to guide you every step of the way, ensuring a smooth process from offer to closing.
Key Steps in Writing an Offer:
This is where we make your intentions known and put your best foot forward. Together, we’ll craft a strong offer that stands out to sellers while protecting your interests.
What We’ll Do:
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Market Research: I’ll analyze comparable properties to ensure your offer is competitive and realistic.
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Strategy Development: We’ll outline the key elements of your offer, including price, contingencies, inspection requirements, and other crucial terms.
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Negotiation: I’ll advocate for your needs, negotiating with the seller to secure favorable terms that align with your goals.
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Finalization: Once we reach an agreement, I’ll review the contract with you to ensure clarity and accuracy before signing.
Ways to Make Your Offer Stand Out:
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Competitive Price: A strong price near or above the asking price can capture the seller’s attention.
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Earnest Money: A sizable deposit demonstrates your commitment to the purchase.
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Limited Contingencies: Reducing contingencies (e.g., inspections or repairs) can make your offer more appealing.
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Flexible Closing Date: Adapting to the seller’s timeline can give you an edge.
Key Steps in Going Under Contract:
Once your offer is accepted, you’re officially under contract. This is an exciting milestone, but there’s still work to do to ensure a successful closing. I’ll help manage deadlines and oversee every detail to keep the process on track.
What Happens During This Phase:
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Termite Inspection
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Schedule and complete a termite inspection to ensure the property is free of wood-destroying pests.
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Home Inspection & Negotiations
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A thorough inspection will identify potential issues. If necessary, I’ll help negotiate repairs or credits with the seller.
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Appraisal Contingency
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The lender will appraise the property to confirm its value matches the agreed purchase price, ensuring your financing aligns.
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Financing Contingency
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Finalize your mortgage approval, meeting all lender requirements on time to keep things moving forward.
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Title Search
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A title company will verify that the property’s title is clear of any liens or claims, ensuring a smooth transfer of ownership.
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