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Making An Offer >Negotiations Part 2
If you are the buyer in a home sale transaction, you should be prepared to submit an offer to the seller. An offer is not simply the price -- there are more components involved.
The real estate agent will act as the conveyor of information. There are a few things to look out for in such negotiations: 1) include a finance contingency, even if you have loan pre-approval, 2) insist on an engineer's, termite and radon inspection contingencies, 3) itemize the personal property you want included, such as chandeliers or drapes, and 4) submit the closing date you prefer.
Buyers should be prepared to make their best offer first, but if that offer is not acceptable to the seller, they should expect to go through a round of counter-offers.
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| Q |
What area was designed to look like a 1940s southeastern town with traditional architecture?
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Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions. |
 See More Real Estate Trivia > |
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Garden State Abstract Company
Mimi Korn
Regional Title Executive
Cell: 973-220-0209
Fax: 973-228-5094
Email:
MimiStuart@aol.com
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Edward A. Lepore
Home Mortgage Consultant
Wells Fargo Home Mortgage
Red Bank, NJ
Office: 732-933-5652
Cell: 732-500-6764
Fax: 732-933-8319
Email: edward.lepore
@WellsFargo.com
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