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In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Timeliness and types of inspections. Negotiating counteroffers. If the seller does not find the initial offer acceptable (e.g.,
Having to exit your home for a last-minute inspection may be among one of the most annoying things about trying to sell your home, however, you want to make sure you are giving as many buyers the chance to see your home as possible. If there are any counter-offers you wish to execute, make sure to also address those as quickly as possible.
Your agent should also be able to tell you if you need to hire anyone else, such as an attorney or an inspection service, depending on your state and situation. Note: An appraisal, which tries to estimate true home value, is different from a home inspection, which tries to take inventory of current and potential issues.
Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. You can practically feel the keys landing in your hand, especially if you're a first-time homebuyer. But before you do there's one last factor to consider: the home appraisal.
The seller might counteroffer that since they are living in the home, they want that access restricted to 5 or 10 days. If the buyer agrees, that’s a concession.
Negotiating a Purchase Price Again, the tax assessor's office can give you a ballpark figure around which offers and counter-offers can hover. While it might seem counter-intuitive, appraising vacant land is more daunting than doing so for improved land.
Prepare for Home Inspections Home inspections can make or break a sale, so being prepared is essential for FSBO sellers. While you’re not required to have a pre-listing inspection, it can be beneficial. If you opt for a pre-listing inspection, be prepared to either make necessary repairs or adjust your price accordingly.
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