Posted on August 1, 2018 - 04:40 PM
by Jim Clingman
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
I was so glad to work with Jim! He was such a huge help! We were on a small budget but still VERY picky. He helped every step of the way, was always reachable through email and phone, and he showed us houses with the features we were looking for and kept coming up with more options! We close next week, and I couldn't be more thankful for all that he's done to get us into our perfect starter home!Stephanie Reinier