Tag: “making an offer”

Escalation clauses: what are they, and why should you be careful with them?

For many buyers, adding an escalation clause seems like the answer to a big problem: the end to endless negotiations in a bidding war. Especially in seller’s markets like the ones we’re seeing today, this clause may seem like a huge relief. But, there are several considerations before deciding to include one to ensure you've got your best foot forward. What is an escalation clause? An escalation clause is most often seen in markets where multiple offers are

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5 big considerations when negotiating a house offer

Buying a house is all about mastering the art of give-and-take. Many buyers think that the purchase price is the main negotiation point, but in reality, that’s only one piece of the offer. By learning where your major negotiation points are (and how to use them), you’ll have the advantage of being able to craft an offer that works in your favor while simultaneously seeming beneficial to the seller. Realistically, there are five big negotiation points to consider

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Submitting an offer below asking price? Here's what you need to know.

Once you're serious about buying, deciding how much to offer on a house becomes one of the most pressing concerns. It’s hard to find the balance between trying to get a fair deal, writing an offer below asking, and actually getting the house. Luckily though, we’re here to help you sort this issue out. We’ll explain when a low-ball offer is appropriate, how to determine the right sale price, plus a few alternative ways to save. With

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Homebuyer how-to: writing an offer letter that will get you the house

Here's one of real estate's not-so-dirty secrets: Most of the time, accepting an offer is about so much more than the bottom line. These days, especially in competitive markets, buyers need to do whatever they can to make there offer stand out and feel little less transactional. One way that they can do that is by writing a killer offer letter. Whether you’ve been house hunting for a while or just started looking, read on for some tips and

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