10 Tips for Writing a Great Purchase Offer

10 Tips for Writing a Great Purchase Offer in A Seller’s Market:

1-Submit a pre-approval letter with your offer.
2-Write a friendly offer. Don’t include demands with your offer that are likely to irritate the seller.
3-Put your best foot forward – simply put, write your very best offer!
4-Put down a healthy earnest money deposit. A larger earnest money deposit shows you are serious.
5-If you can pay “all cash” for a home, say so. This lets the seller know that your transaction is not dependent on receiving loan approval, which makes you a more attractive buyer.
6-Many standard real estate purchase contracts give the buyer a set number of days to perform inspections before the buyer is required to proceed with the transaction. If the default in your purchase contract is 17 days, try shortening that period to 10 days.
7-If feel comfortable risking your deposit, you might want to consider waiving contingencies such as those for loans, appraisals, or inspections.
8-Write a seller letter.If the seller has eight offers on the table, but your offer includes a letter that is personally handwritten by you, your offer will stand out.
9-Offer to close quickly. Unless there are extenuating circumstances, many sellers prefer to close within 30 days or fewer. If you can offer a 21-day closing time frame, for example, that might give you the edge you need to beat out the competition

.…and last, but not least…

10-Hire us as your Real Estate Agents! Chris 480-754-9077 & Cheryl 480-754-9477