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To ensure that this initial stage of the real estate transaction goes well, it’s important to submit the offer in a timely manner. While there may or may not be a definitive time limit in each state (such as 24 hours), it is in everyone’s best interest to submit the offer as soon as possible. Negotiating counteroffers.
Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. It's one of the final steps after going under contract.
In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Negotiating a Purchase Price Again, the tax assessor's office can give you a ballpark figure around which offers and counter-offers can hover.
Step 2: Find a Lender and Discuss REO Financing. Once you’ve found a property you are interested in, talk to a lender about your financing options. Your agent will help you decide what kind of offer is likely to be accepted, put together the offer and submit it to the lender.
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