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So you've found the home of your dreams and you're
planning to make an offer. Here are the steps your sales associate
will help you take.
Decide how much you want to pay for the home you've
chosen. Consider how long the home has been on the market and
how reasonable the asking price is. You should also decide the
top amount you're
willing to pay. However, keep that figure to yourself to maintain
your ability to
negotiate.
In your offer, spell out the special conditions
of the purchase. Include items such as appliances and window
treatments, and closing and occupancy dates. Your purchase may
be contingent on your ability to obtain
financing or a favorable inspection report.
You will submit earnest money with your offer.
If you buy the home, the earnest money is applied to the downpayment
or closing costs. If your offer isn't accepted, your money
will be refunded.
The seller will either accept or reject
your offer. If the offer is rejected, you may be presented with
a counteroffer.
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