Presenting an Outstanding Offer

 

Offer is a document from a buyer to the seller, that states that he or she wants to buy the property. We will discuss what are the different components of a good offer that the seller will hardly decide if she or he will not sign the documents.

First component is presenting an offer with a Good price. Usually, Sellers love to see an offer if it matches his or her selling price.

Second component is presenting an offer together with a Good Earnest Money Deposit. EMD is the amount given by the buyer to the seller to show good faith in purchasing the property. Usually, a good EMD really affects the mood of the Seller when accepting an offer.

Third component is presenting an offer together with a pre-approval. This shows that the buyer has capability to get a property. This document is very important to proceed with whole process of the purchasing or as early as the Seller accepts the offer.

Fourth component is Contingencies or Inclusions written in the offer.  This includes the contingencies and special request of the buyer. Also the inclusions on the selling price, for example, fixtures, pool and other appliances.

Last is the Closing Date / Time. A shorter closing date is very attractive to the seller. The main impact is that the shorter the offer the more likely the buyer is willing purchase the

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