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JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
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Guidance for putting a offer down on a house?
Does anyone have any good advice about putting an offer down on a house? We are doing this today or tomorrow. Very stressful! But at least we finally found a house we like and has great potential to update/upgrade.
Thanks,
Jen 
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Posted 4/16/07 10:41 AM  |
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Prudential Douglas Elliman Real Estate
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kerrycec03
Mom of 2 beautiful boys!!
Member since 6/06 13519 total posts
Name:
Kerry
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Re: Guidance for putting a offer down on a house?
congrats on placing the offer! Fingers crossed its sticks
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| Posted 4/16/07 10:47 AM |
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Stefanie
♥
Member since 5/05 23599 total posts
Name:
Stefanie
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Re: Guidance for putting a offer down on a house?
Go low...but not too low. You can always come back with a higher offer. It's a buyers market nowadays.
Good luck, it can be a stressful experience.
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| Posted 4/16/07 10:54 AM |
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JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
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Re: Guidance for putting a offer down on a house?
yes we are def going low but not too low. It is very stressful, but hopefully everything will work out and everyone will be happy in the end. Keep your fingers crossed!
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| Posted 4/16/07 11:14 AM |
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alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
Name:
Emily
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Re: Guidance for putting a offer down on a house?
make sure you disclose whether or not you are doing a sellers concession, when you would like to close, how much down at contract and how much down at closing, and have your attorney information ready. good luck!
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| Posted 4/16/07 11:26 AM |
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JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
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Re: Guidance for putting a offer down on a house?
Posted by alnem
make sure you disclose whether or not you are doing a sellers concession, when you would like to close, how much down at contract and how much down at closing, and have your attorney information ready. good luck!
What is a "sellers concession"? Thanks!
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| Posted 4/16/07 1:30 PM |
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alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
Name:
Emily
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Re: Guidance for putting a offer down on a house?
Posted by JldDolphin
Posted by alnem
make sure you disclose whether or not you are doing a sellers concession, when you would like to close, how much down at contract and how much down at closing, and have your attorney information ready. good luck!
What is a "sellers concession"? Thanks!
some people try to finance their closing costs and thats called a sellers concession. but you need the homeowners approval thats why it has that name and it needs to be disclosed when making the offer.
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| Posted 4/16/07 1:53 PM |
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JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
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Re: Guidance for putting a offer down on a house?
Posted by alnem
Posted by JldDolphin
Posted by alnem
make sure you disclose whether or not you are doing a sellers concession, when you would like to close, how much down at contract and how much down at closing, and have your attorney information ready. good luck!
What is a "sellers concession"? Thanks!
some people try to finance their closing costs and thats called a sellers concession. but you need the homeowners approval thats why it has that name and it needs to be disclosed when making the offer.
Thank you! 
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| Posted 4/16/07 3:01 PM |
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luckyinlove
I love my baby girls!
Member since 12/06 2441 total posts
Name:
Lauren
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Re: Guidance for putting a offer down on a house?
I am going through the same process--- just make a lower offer than you are willing to pay to start off, and be prepared to bargain with the seller. Also, make sure that you are preapproved for a mortgage ahead of time.
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| Posted 4/16/07 4:11 PM |
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