Making an offer on your Woodridge VA Dream Home
Step by Step explanation of the offer making process
- Identify the home of your choice
Make sure the home fits your and your families needs. Every buyer has different priorities so be sure you and your Real Estate Agent determine what’s most important for you and that the home fits your needs. - Determine the best offer price
There are many factors to take into consideration when making an offer. Current list price, market activity, recent homes sold, under contract or active on the market, the condition of the home, are we currently in a buyers or a sellers market. Your agent will assist you by providing all the information so you and your agent can come up with the best offer strategy. Should you be asking for closing cost, for a home warranty and what kind of contingencies should be added to the offer? - Negotiate the offer
The seller can accept your offer as is or make a counter. Your agent will present you with the counter and again provide you with helpful information on what your best options are, accepting or continue to negotiate. - Counter an offer
So the seller has decided to counter your offer. Sometimes a counter can be minor and sometimes its substantial. It all depends on how far away the buyer and seller are to start with. If the seller makes a counter in writing that means you are in. If you accept the counter you have a ratified contract. Should you decide to counter the sellers counter there is a chance another buyer can slip in and take the home away from you, or the seller accepts your counter and you get a better deal.
- Ratified Contract
Congratulations now that you have come to a mutual agreement with the seller your contract is ratified and we can move on to the next steps.
If you are just starting your home search process, or need advise contact The Claudia S. Nelson Real Estate team with Keller Williams Realty in Woodbridge VA. We can help you with all your Real Estate needs. Whether you are looking to buy your first home or your second or third home we are here to assist. We can help you buy outright or buy and sell at the same time. We have been helping home buyers in and around the Woodbridge VA area for a long time and we would be delighted to assist you as well.If you are looking for your dream home you can find it right here:
Call Claudia S. Nelson
571-446-0002
