Considering Offers
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a seller.
Some terms that may work in your favor:
- higher-than-market-interest in a second mortgage for your home
- the buyer will pay for most or all of the closing costs
- the buyer will take care of any repairs
- quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
- all-cash deal
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
Categories
Recent Posts
The Biweekly Mortgage - Who Needs It?
Land Contract
The No-Cost Thirty Year Fixed Rate Mortgage
Which ARM is the Best Alternative?
The Advantages of Different Types of Mortgage Lenders
Types of Mortgage Lenders
Items You Need When Applying For a Loan
WHAT'S A FICO®?
Your Savings and Down Payment
Title Insurance When Refinancing Your Loan
GET MORE INFORMATION
