Wednesday 12 June 2013

Important Information for First Time Home Buyers:

Buying a home is rated as one of the most exciting yet stressful times in one's life.  It is by far one of the biggest financial decisions you'll ever make.  So, I've put together a few important tips when making an offer on a home.

Here they are:
  1. In order to make an offer, you will need to be up to date on current market information as well as require professional help when drafting your offer.  So, you are best to hire a Real Estate Professional.
  2. Be aware of "conditional offers."  This typically means that there may be one or more conditions on the purchase such as subject to home inspection, subject to financing, or subject to sale of buyer's existing home.  The home is not sold until the conditions are met.
  3. An "acceptance to offer" is presented to a seller who may accept the offer, reject it or submit a counter-offer which means the counter-offer may be in reference to the price, closing date, or any number variables. *Offers can go back and forth until both parties have agreed to terms or either side ends the negotiations.
Remember: there are lots of things to think about when purchasing a home and this can be quite emotional!  You will be dealing with a number of people such as the realtor, lender, lawyer, seller and so on.

Think about the following:
  • Location
  • Affordability
  • Mortgage term and rate
For more information about your home purchase, please feel free to call me (Patricia Cleary) @ 1.800.986.9260 and I will be thrilled to assist you in finding the perfect fit for your new home.
Please visit http://www.clearysellsclearview.com/ and feel free to LIKE our Facebook Business page.

e-mail: pa@pcleary.com


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