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Step 6: Making an Offer Georgia

Once you've found the right home, the next step is to make an offer to the seller.

Local Companies

Capitol City Bank & Trust Company
(404) 752-6067
562 Lee St SW
Atlanta, GA
A & C Mortgage LLC
(678) 822-0400
3042 Oakcliff Rd
Atlanta, GA
AAA Direct Mortgage
(770) 448-7796
3955 Pleasantdale Rd
Atlanta, GA
Cummings Mortgage Co.
706-295-7165
111 Bridgepoint Plaza Ste 302
Rome, GA
Countrywide Mortgage Corporation
770-414-6600
100 Colony Square, 1175 Peachtree St.
Atlanta, GA
Novation Mortgage
678-698-3557
2501 E. Piedmont Road
Marietta, GA
Option 1 Finanical
678-232-0828
2380 Buford Dr Suite 106-328
Lawrenceville, GA
1st American Capital LLC
(404) 588-5500
191 Peachtree St Ne
Atlanta, GA
American Equity Mortgage
770-955-5700
200 Galleria Pkwy SE
Atlanta, GA
Allied Home Mortgage Capital Corp.
770-939-7075
2179 Northlake Pkwy
Tucker, GA

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This can be a nerve wracking step in the home buying process, especially since you stand to spend a great deal of money and there is a chance that the seller will reject your offer. Here a few things to keep in mind when making an offer on a home.

 

 


You Don’t Have to Offer the Asking Price

 

Remember, an asking price is just that. Work with your real estate agent to choose the right price for your first offer. Some things to consider: what other homes in the area are selling for, the condition of the home, and how long the home has been on the market.

A home that needs considerable repairs and updates or one that has been on the market for a long time may warrant making an offer that is lower than the seller’s asking price. But if the house is in excellent condition and has gotten a great deal of attention from other buyers, it might mean that your offer should stick closer to the asking price, or even be higher.


Keep in Mind Your Bargaining Chips

 

Remember that price isn’t everything. Getting preapproved for your mortgage, not having a sale contingency and being flexible on the closing date can all make your offer more attractive. Contingencies can also include home repairs and leaving major appliances. There may be other parts of the contract that are important to the seller; being flexible will help you. The easier you make the deal for the seller, the better change you have of having your offer accepted.


Put it in Writing

 

Once you and the seller have agreed on an offer, make sure everything is in writing, even things that may not seem important. Perhaps you asked the seller to include drapes or bookshelves. To ensure those items are included in the deal, put them in the contract.


Published on January 20, 2007

Read full article at realestate.com

Featured Local Company

Capitol City Bank & Trust Company

(404) 752-6067
562 Lee St SW
Atlanta, GA
Read more about Step 6: Making an Offer

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- Step 6: Making an Offer Conyers GA
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- Step 6: Making an Offer Cumming GA
- Step 6: Making an Offer Dacula GA
- Step 6: Making an Offer Dahlonega GA
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- Step 6: Making an Offer Duluth GA
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- Step 6: Making an Offer Ellijay GA
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- Step 6: Making an Offer Fort Benning GA
- Step 6: Making an Offer Fort Valley GA
- Step 6: Making an Offer Gainesville GA
- Step 6: Making an Offer Griffin GA
- Step 6: Making an Offer Grovetown GA
- Step 6: Making an Offer Hartwell GA
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- Step 6: Making an Offer Hinesville GA
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- Step 6: Making an Offer Jonesboro GA
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- Step 6: Making an Offer Kingsland GA
- Step 6: Making an Offer La Fayette GA
- Step 6: Making an Offer Lagrange GA
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- Step 6: Making an Offer Milledgeville GA
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- Step 6: Making an Offer Morrow GA
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- Step 6: Making an Offer Newnan GA
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- Step 6: Making an Offer Peachtree City GA
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- Step 6: Making an Offer Saint Simons Island GA
- Step 6: Making an Offer Savannah GA
- Step 6: Making an Offer Sharpsburg GA
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- Step 6: Making an Offer Snellville GA
- Step 6: Making an Offer Statesboro GA
- Step 6: Making an Offer Stockbridge GA
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- Step 6: Making an Offer Suwanee GA
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- Step 6: Making an Offer Winder GA
- Step 6: Making an Offer Woodstock GA
Related Local Event
2Nd Annual Real Estate Industry Day
Dates: 9/18/2009 - 9/18/2009
Location: Holiday Inn Decatur
Decatur, GA
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