Finding your ideal home and purchasing your ideal home are two very different challenges.
The last thing you want is to see your dream house fall into someone else’s hands because they won the competition with a better purchase offer.
In this episode, Leslie Whitney and Pete Sabine break down what makes up a successful purchase offer that will help you secure your future home.
1:23 Opening
3:34 Reviewing Offers
4:52 Sellers Circumstances
6:37 What Goes Into a Purchase Agreement
8:01 Earnest Money Deposit
9:39 Liquidated Damages
11:24 Contingencies in a Purchase Offer
12:43 Considerations for Homes Occupied by the Seller
15:13 Offer Price Strategy
17:22 Cooperating with Other Buyers in a Sellers' Market
21:54 “As-Is” Sales
23:19 What Else is Included in the Purchase Offer
26:01 Loan Pre-approval Letters
29:20 Eliminating Contingencies
30:52 Inspection Contingencies
32:46 How to Conduct Your Own Inspection
34:13 Other Offer Terms to Include
35:26 After the Offer is Submitted
38:11 What Does the Buyer Do Next
44:10 If the Seller Accepts Another Offer
47:00 Wrap Up
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Five Star Real Estate Pro Tips
If you hear something on this podcast that interests you in any way and want to discuss it in more detail, call or text Pete Sabinet 925-297-5335.
Email us at info@fivestarrealestatepro.com.
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