What to Look for when Viewing a House
Once you find homes to view, you should have a short checklist of what to look at right away so you know if you should continue looking at it or walk away:
Is there a damp smell to the home?
Is there water in the basement?
Does it have adequate bedrooms and/or enough living space?
Are there cracks in the wall or other obvious defects?
If these ‘issues’ check out, then it’s likely a home you can keep on your short list of homes to consider.
What to Include in your Offer
A real estate offer is more than a price. You also include other terms, such as the closing date, what the seller will include in the home (window treatments, furniture, etc.), financing terms, escrow deposit amount, and any contingencies.
How to Negotiate the Purchase Price
When you negotiate the purchase price, think about what means the most to you. Is it the price or the conditions of the sale? Let your real estate agent know what’s negotiable and what’s not. Don’t bid your maximum price right away. Most sellers counteroffer, so leave room for some back and forth if you want the home.