Posted on September 27, 2018 - 09:27 AM
by Tom Phillips
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
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.
Thanks, Michelle! Being part of the Phillips real estate family has been a great experience. This experience started when I received the call from you. You called within minutes after I completed talking with Homelight. You were very professional yet approachable and energetic but not pushy! We found the same qualities in Jordan. We have really enjoyed working with him.
Thank for all your help. If we hear of anyone moving to the Austin/San Antonio area, we will highly recommend Phillips!