Remove Counter Offer Remove Insurance Remove Sellers
article thumbnail

How to Conduct a Smooth Real Estate Transaction

McKissock

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. Requests to sellers to pay closing costs. Property insurance. Negotiating counter offers. they may come back with a counter offer.

article thumbnail

Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The first thing you should do: call your agent, tell them the appraisal price is the highest you're willing to pay, and have them tell the seller so. What is a Home Appraisal?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. For a property that is listed with a real estate broker, the prospective purchaser should retain an experienced buyer's real estate broker to facilitate negotiations with the seller's broker.

article thumbnail

Selling a House Without a Realtor in Texas: An Essential Guide

Listing Spark

However, with proper preparation, the right tools , and an understanding of the market, FSBO sellers can potentially overcome these hurdles. In Texas, the Seller’s Disclosure Notice is a legally required document for most residential property sales. Consider hiring a professional appraiser for a more accurate valuation.

article thumbnail

The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Banks are also more likely to present a counter offer because they must demonstrate they tried to get the best possible price for the property.