𝐘𝐨𝐮 𝐇𝐚𝐯𝐞 𝐚𝐧 𝐎𝐟𝐟𝐞𝐫 — 𝐍𝐨𝐰 𝐖𝐡𝐚𝐭?

Spread the love

You’ve listed your home and the offers are coming in—exciting, right? But before you jump straight to the purchase price, it’s important to look at the entire offer. With your home often being your largest asset, understanding the details can make a big difference in how smoothly (and successfully) the transaction closes.

Here are 𝐤𝐞𝐲 𝐭𝐡𝐢𝐧𝐠𝐬 𝐭𝐨 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫 𝐰𝐡𝐞𝐧 𝐫𝐞𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐚𝐧 𝐨𝐟𝐟𝐞𝐫:

𝟏. 𝐁𝐮𝐲𝐞𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠

How is the buyer financing the purchase? Review the strength of their pre-approval and any proof of funds. While cash offers can be appealing, they aren’t always the strongest option—each financing type has pros and cons worth weighing.

𝟐. 𝐄𝐚𝐫𝐧𝐞𝐬𝐭 𝐦𝐨𝐧𝐞𝐲 𝐝𝐞𝐩𝐨𝐬𝐢𝐭

How much money is the buyer putting down in good faith? A strong earnest money deposit often signals a serious buyer who understands the risk of walking away.

𝟑. 𝐂𝐨𝐧𝐭𝐢𝐧𝐠𝐞𝐧𝐜𝐢𝐞𝐬

What contingencies are attached to the offer? Inspections, financing, and home sale contingencies all matter. Fewer contingencies generally mean a lower risk of the buyer backing out.

𝟒. 𝐂𝐥𝐨𝐬𝐢𝐧𝐠 𝐭𝐢𝐦𝐞𝐥𝐢𝐧𝐞

Does the proposed closing date work for you? The right timeline should give you enough time to prepare for your next move without unnecessary pressure.

𝟓. 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐜𝐥𝐚𝐫𝐢𝐭𝐲

Before accepting any offer, make sure you fully understand the contract terms. Working with a trusted agent ensures there are no surprises and helps keep the transaction on track.

An offer is more than just a number—it’s about certainty, timing, and terms that align with your goals.

𝐖𝐚𝐧𝐭 𝐡𝐞𝐥𝐩 𝐞𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐧𝐠 𝐨𝐟𝐟𝐞𝐫𝐬 𝐚𝐧𝐝 𝐧𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐨𝐝𝐚𝐲’𝐬 𝐦𝐚𝐫𝐤𝐞𝐭?