Your offer to buy a home needs to be in writing. Be sure to ask questions and obtain and review all available and required disclosures. Your offer will not only address price. Typically it will include financing contingencies, inspection clauses, deposit amounts, seller warranties, closing and occupancy dates, and personal property. There is not one negotiation strategy that is used each and every time an offer is presented so consult with your REALTOR® beforehand. Always be truthful. Do not overstate your position. Clearly communicate your terms so there will be no misunderstandings later. The following will increase the likelihood of your offer being accepted.

• Prepare a home buyer profile to submit to the home seller and provide a pre-approval letter of home financing from a reputable lender.
• Make a reasonable offer based on research of the market and home values completed in advance. “Low-ball” offers will often offend the seller and will ultimately compromise your ability to negotiate.
• Be prepared to make decisions quickly. The fear of making a wrong decision can deny you the opportunity to make the right one.
• Include a significant amount of earnest money with your offer to purchase. Larger amounts demonstrate a strong commitment.
• Eliminate unnecessary contingencies. Focus on what matters most.

More Information:

Get Pre-approved/Apply for a Mortgage Contingencies
Whole House Inspections
Home Warranty