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Buying a Corpus Christi home? Search all homes for sale
Today I'll discuss how to make an offer on a property. Making an offer on a home is very exciting, especially if it's your first time. Before we begin, make sure that your loan is secure.
Before you make an offer, make sure your loan is secure. Talk
to your loan officer about any fees associated with the loan, like closing
costs.
When you make an offer, make sure you're not overpaying for
the property. It's very important that you take some time to review any past
sales that are available, tax records, inspection reports, etc. This
information will help you make a better offer from the very beginning.
All offers should be formal, meaning in writing. That way,
you ensure that the terms of the offer will not be overlooked or misunderstood.
Be sure to review the contract, as well as any addendums that may be associated with the property you're interested in. Make sure that the agent you're working with is an expert in those addendums.
Complete the offer that best fits your needs in price,
terms, closing costs, and contingencies. Attach a pre-approval letter,
and wait for a response. You could hear back as early as six hours
later, but you might be waiting 24 hours for a response.
If you have questions about this process, don't hesitate to
reach out to us!