How to Buy Your Next Home in a Sellers' Market

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.