How long can the seller take to respond to my offer?
When making an offer, it’s important to consider the seller’s response time. To ensure a speedy reply, include a timeframe in the written offer. Giving them twenty-four hours should do the trick!
What if my offer is rejected?
When it comes to offers, there are a few scenarios to consider. The seller can either accept or reject your initial offer, or they may take another route: a counteroffer. It’s important to keep in mind that a deal isn’t dead until it’s dead. If the seller presents a counteroffer, you’re still in the game. Take the time to review it with your agent and determine if it meets your needs. If it does, accepting it will seal the deal right away. Remember, the back-and-forth of offers and counteroffers is a common occurrence in negotiations. It’s all part of what real estate agents do to ensure both parties are closer to finalizing the terms of the deal. So, keep an open mind and embrace the process.
Should I order a home inspection?
Absolutely! Ordering a home inspection is a smart move, especially if you’re considering financing your home with an FHA or VA loan. While inspections may not be mandatory for other mortgage programs, they come highly recommended. Why? Well, they have the power to unveil hidden defects that may not be easily spotted. Ultimately, home inspections provide peace of mind when it comes to one of the biggest investments you’ll make in your lifetime.
Do I need to do a final walk-through?
You don’t have to do a final walk-through, but let me tell you, it’s a good idea! Final walk-throughs give buyers the opportunity to ensure that nothing has changed since their initial visit. If repairs were requested as part of the offer, a follow-up visit guarantees that everything is squared away, just as expected, according to the terms of the contract. Trust us, it’s worth it!