All Topics > Real Estate Resources > Buying > Guide to Buying a Home > Step 6: Making an Offer >

Step 6: Making an Offer Pennsylvania

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

Local Companies

Eastern Savings Bank FSB
412- 788-1600
2000 Cliff Mine Rd (Park West Two Ste 400)
Pittsburgh, PA

Affordable Mortgage Advisors LLC
412- 561-3000
1910 Cochran RD Manor Oak 2
Pittsburgh, PA

Century 21 Select Group (Brian Mccardle)
(570) 643-4823
Rt. 115, Po Box 200
Blakeslee, PA

Kerry Clean
(570) 722-0885
Po Box 1527
Albrightsville, PA

Pennsylvania State Employees Credit Union
(610) 865-2400
1 Credit Union Place
Harrisburg, PA

Anthony Schimmel, Associate Broker/Owner - Keller Williams Real Estate
(610) 395-9123
2901 Emerick Boulevard, Suite 100
Bethlehem, PA

Long & Foster Real Estate - Mary Lynn Bonsall
(877) 247-8080
3101 Emrick Boulevard
Bethlehem, PA

The Wagner Group - Keller Williams Real Estate
(212) 380-7448
2901 Emerick Boulevard, Suite 100
Bethlehem, PA

Grace Realty Co, Inc.
(610) 837-4131
LVIP IV, Suite B
Bethlehem, PA

Re/Max Classic Group - Alice Marques, Realtor
(610) 262-4566
2416 Emrick Boulevard
Bethlehem, PA

provided by:

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

Eastern Savings Bank FSB

412- 788-1600
2000 Cliff Mine Rd (Park West Two Ste 400)
Pittsburgh, PA

Read more about Step 6: Making an Offer

- How to Find an Apartment After Foreclosure Pennsylvania

Foreclosing on your home is a stressful time. Not only have you lost the familiarity of your home environment, but you're faced with the struggles of having to move into an apartment with bad credit.

- Top 10 Things Not to Do When Making an Offer on a Home Pennsylvania
- How to Sell a Home Without a Real Estate Agent Pennsylvania
- Step 3: Mortgage Pre-Approval Pennsylvania
- Step 4: Reviewing and Negotiating Home Sale Offers Pennsylvania
- Step 9: Home Inspection and Appraisal Pennsylvania
- Step 8: Locking in Your Rate and Points Pennsylvania
- Checklist: Making an Offer Pennsylvania
- Home purchase offer: Breaking the contract Pennsylvania
- How much should you offer for that home? Pennsylvania

Regional Articles

- Step 8: Locking in Your Rate and Points Pennsylvania

Since weeks, and sometimes months, can go by between having your offer accepted and closing on your new home, it's a good idea to lock in your interest rate and points.

- Step 4: Reviewing and Negotiating Home Sale Offers Pennsylvania
- Step 9: Home Inspection and Appraisal Pennsylvania
- How to Sell a Home Without a Real Estate Agent Pennsylvania
- How to Find an Apartment After Foreclosure Pennsylvania
- How much should you offer for that home? Pennsylvania
- Top 10 Things Not to Do When Making an Offer on a Home Pennsylvania
- Step 3: Mortgage Pre-Approval Pennsylvania
- Checklist: Making an Offer Pennsylvania
- Home purchase offer: Breaking the contract Pennsylvania

Related Local Events

New Member Orientation
Dates: 9/10/2009 - 9/10/2009
Location: ABC Chapter Office
Norristown, PA
View Details

The BOMA International North American Commercial Real Estate Congress and The Office Building Show
Dates: 6/27/2009 - 6/28/2009
Location: Pennsylvania Convention Center
Philadelphia, PA
View Details

Advertising	Food & Beverage	Nightlife
Business Services	Franchise	Online Database
Career	Health	Pets
Cars	Holidays	Real Estate Resources
Computer Hardware	Home Appliances	Retail & Consumer Services
Construction	Home Electronics	Software
Education	Home Services	Technology
Entertainment	Industrial Goods & Services	Telecommunications
Environmental	Insurance	Trade Shows
Family	Internet	Travel
Fashion	Legal	Weddings
Financial Services	Miscellaneous	World History

Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History