Initial Contract Offer
USINFO | 2013-11-01 16:50

Once you are ready to buy a property , your broker will help you draft a first offer . This is a legally binding offer , unless the condition is not met ( such as substandard housing inspection ) , shall not be withdrawn. In most cases , if you offer (Offer) signed on , it means that you must press reported that the price you have to pay back the principal .

Quotes are usually specific property you want to pay the amount . Typically, this price is lower than the price of property owners quoted 3% -5% . But it is also vary the . For example, you decide to luxury real estate demand in some areas to buy a house , then you may have to press the price of a full price purchase real estate . In those places very low price , your broker will help you quickly operational , investment bid . Buying foreclosure real estate is the case , many investors want to buy , especially those below the market price of real estate .

Joint consultation with your broker , developing best offer. Realtors know the region, the most suitable price , but the decision in your hands until it reaches your target price so far.

You offer a contract signed at the beginning , the broker will submit it to the seller broker or homeowner ( if the homeowner is not sold through a broker , you can contact the owner directly through a broker ) . Early sign quotes usually get a reply within 24-48 hours .

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