Posted on March 20, 2019 - 12:59 PM
by Liz Riddick
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
all-cash deal
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
Liz was our agent with selling my parents property in Blowing Rock. I didn't have a lot of time to deal with it and in hindsight was really glad to have Liz and her team on board. She handled the initial listing very well and with her experience she recommended a fair market price range which resulted in a good offer. Additionally, Liz had quite a bit of personal experience with house renovation, a skill that many realtors do not have, which was important with her knowledge of house construction and repair costs. Finally, we had a couple of unique and difficult situations with the property that had the possibility of the sale being delayed or falling through altogether. Once again, Liz came through, thinking outside the box with creative solutions that she presented with diplomacy and professionalism that were agreeable to all parties. I can't say enough good things about Liz and her team. I highly recommend her.David Leadbetter
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