Making offers

Chances are, when you find a home you absolutely love, someone else may love it too. So it's important to act quickly and make an educated offer based on a rational approach to pricing and negotiating that you and your agent will have discussed. To start the process rolling, your agent will draw up a contract that includes your offer price and other terms and contingencies.

Buyers often focus on price, but there are other important terms to a real estate contract. You can include any terms you like, but the more you add, the more likely the seller is to object. Here are the most common elements of a real estate contract:

  1. Price
  2. Mortgage Contingency
  3. Home Inspection Contingency

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