Accepting an Offer - Purchase Negotiations

Accepting An Offer
Purchase Negotiations

When your Real Estate Agent calls to say there is an offer on your home, you get excited. Then you hear the offer and get an adrenaline rush. Whether the offer is good or bad, you should just remain calm--and discuss a counter-offer with your Real Estate Agent. The negotiations of a purchase begin with the buyer's ideal terms and a counter offer of the seller's ideal terms. A good agent will look beyond the price when evaluating an offer. If the buyers' financial qualifications are shaky or the offer has subtle terms or conditions, your Real Estate Agent should be there to minimize any risk to you and to address these items in your counter-offer. Your agent's job is not to make a decision for you, but to be sure that you understand fully what the offer includes and what is expected of you.

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Sunset at Deep Cove

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About Appraisals - Professional Appraisals

About AppraisalsProfessional Appraisals Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon price is in line with the current market value of the home. The appraiser's price will be based on the complexity of the appraisal and the time required. A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of the value. One technique is to look at comparable homes in the area that have sold for the…

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Working With A Realtor - Selecting A Real Estate Agent

WORKING WITH A REALTOR Selecting A Real Estate Agent Finding the right Real Estate Agent to help you in your search is the important first step to take when you are ready to buy a new home in Aroostook County. Some people feel it is better to use someone you don't know--I can't agree with this thought because someone you know will usually go above and beyond the call of duty and have you as top priority at all times. Knowledge, professionalism and experience are the important factors to consider when selecting a…

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