Buying a home can be complicated, so it’s easy to get misinformation about the process. A Texas REALTOR® can help you avoid problems, but here’s some clarification about a few false assumptions.
Myth: I can use sites that list home values to figure out a fair offer price. Truth:There are a lot of sites online that offer estimates of how much a home is worth, but they’re not always reliable sources. If you use them to come up with an offer, you may end up spending more than you need to. A Texas REALTOR® has access to accurate information about your market, other homes sold in the area, and property features, which can help you arrive at an appropriate offer price.
Myth: Sellers have to fix issues noted in an inspection report. Truth:They don’t—even if you ask them to. Repairs are a negotiable item like other terms of a contract. If a seller does not agree to make requested repairs and your contract includes a termination option, you have the right to terminate the contract prior to the option period’s expiration.
Myth: A seller has to accept my full-price (or above full-price) offer. Truth:A seller is not bound to accept any offer, even at full price or above. A seller may choose to accept an offer because of other favorable terms, such as an earlier closing date.
Your Texas REALTOR® can help clear up confusion when it comes to buying a home.
SOURCE: NAR website
Author:Chip Franks Phone: 254-291-1337 Dated: August 1st 2015 Views: 486 About Chip: The Supreme Commander of The Real Estate MarketPlace and A Good Guy, In General!
Ron "Chip" Frank...
For our Purchasing Clients: we make sure you have access to EVERY home (not just those we list, or the three or four that we think you might like); and we will never pressure you.
For our Selling Clients: we market the heck out of your home; we give you updates on what we've done to sell your property every week along with feedback and activity on the home; we can also lease your property should it fail to sell--seamlessly. Finally, if you're ever unhappy with us, or your circumstances change, you can cancel our agreement.
Lastly, if you're interested in our Property Management services, visit www.KilleenPropertyManagement.com.
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