Tag: offer to purchase

Making an Offer to Buy a House: What You Need to Know

The residential real estate market has been red hot across the country. Prices have pushed skyward as sellers receive multiple offers. Navigating these competing offers is tricky, and applicable laws vary from state to state. This article will not constitute legal advice, and you should consult an attorney during a transaction. But generally, here is… Read more »

How to Navigate a Contingency Offer

When selling a home, an offer to purchase is certainly welcome news, but it may be wise to hold off on any celebrations — especially if the offer has a contingency clause. What exactly does that mean? A contingency clause or addendum spells out what conditions must be met for the sales contract to become… Read more »

How to Deal With a Low-Ball Offer

After a few days on the market, your agent calls to tell you there is an offer on the home. Unfortunately, it’s too soon to celebrate. The offer is lower than what you’re asking. Much lower. Keep your feelings in check. It’s normal to be disappointed — maybe even a little insulted and angry. But… Read more »