There’s more to an offer than the price tag. There are a few factors you should consider:
- Is this offer at, near or above my asking price?
- Are there clauses and additions in their offer that change the terms and final price substantially?
- How long since I had another offer, or expect another offer? Can I wait?
Remember every month you’re probably still paying mortgage, taxes and insurance. If you have several offers… remember that an offer isn’t a completed sale. Compare the risk and likelihood of a completed sale for each buyer including things like “contingencies,” where your sale depends on their sale. and whether they’re pre-approved for the offer they’re making.
Remember you have three options for an offer – accept it, reject it, or prepare a counter-offer that improves the terms for you in some way.
At Title Junction, we care about helping you stay informed throughout your real estate transaction. The experts at our title company have extensive knowledge about real estate not only in Cape Coral and Fort Myers, but all of Florida as well.
Have questions? Give us a call at 239.415.6574.
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