The moment has finally arrived: after months of searching homes for sale in South San Francisco CA, you have found it. You got that special feeling of “home” when you walked in the door and can picture where you will place all of your furniture. It’s easy to get caught up in the excitement of finding a house you want to buy and quickly forget that it isn’t just a guarantee. You have to make a home offer that the seller will accept.
Making a home offer extends beyond just the price. Use these three tips to write a home offer that will make homes for sale in South San Francisco CA seller want to accept and you will be moving in before you know it.
Many times a buyer has at least one request that they make of the seller when making a homes for sale in South San Francisco CA home offer. Maybe you noticed the roof will need to be replaced and want the seller to handle it before the house is yours. Maybe you want the carpet replaced or the hot water heater updated. Or, you might be looking for the seller to pay for all or part of the closing costs. Whatever your special requests are, consider them carefully before including them in your home offer.
Are you willing to lose the house over the special request? If you are in a competitive market, you might not be the only buyer interested in the homes for sale in South San Francisco CA. If the seller receives multiple offers and there is another home offer that is asking less of the seller they will most likely accept it over yours.
Many times the asking price is simply the starting point of negotiations, but there are also times when the seller will be unwilling to drop the price. If you plan on making an extremely low price for your home offer, speak with your real estate agent first. Your agent will know the market and can tell you what the comparable houses in the market are selling for. The last thing you want to do is insult the seller with your initial offer, killing any chance of future negotiations. Your agent should be able to find out if there are multiple offers and if you need to present your best offer from the start.
Most buyers require a mortgage, but if you are going to be paying cash for homes for sale in South San Francisco CA that fact can become a game changer in having your home offer quickly accepted. Cash deals are able to close faster, which is something that many buyers favor. If you need to obtain financing, but are in the position to close quickly, make sure to let the seller know.
Before finding your dream homes for sale in South San Francisco CA determine what your budget is. Knowing what you can realistically afford will help you stop from getting attached to a house that is over your price range or overlooking major repairs that will need to be made. Making an educated decision over an emotional decision is one that you will not regret.
When writing your home offer, take a moment to consider it from the sellers’ point of view. If you were the seller would the offer entice you into accepting it? Following these tips can put you in a place where your dream homes for sale in South San Francisco CA becomes your reality.