how do you write an offer when buying a house, this one is owner sales.?

Answer 1

Agree with the person above me, Get a buyer's agent to handle your side of the deal. The fee you pay them will of course come out of your pocket, but they may save you more than that in the long run. Just b/c the house is being sold by the owner doesn't mean you can't have a representative.

Answer 2

if you need a loan for the home, you'll want to have qualified for that prior to making an offer on the home. I'm assuming you've got this taken care of if you're specifically wondering how to write an offer.

you can pick up the necessary purchase/sale agreement for $2 at Office Depot. some states require real estate transactions to be 'closed' by an attorney so those state's contracts are typically more involved as you'd expect. as someone else said they're mostly fill in the blank though.

working with a real estate agent who represents only you typically makes the offer writing smoother and will help you avoid pitfalls. they'll also know an intelligent offer price to include in the contract because they're supposedly in touch with the local market.

if you're going without an agent, as many For Sale BY Owner transactions do, then you can contact a local real estate agent anyway to have them work up a market analysis to make sure your offer price makes sense for the type of home and neighborhood you're looking at. also have your offer reviewed by a local real estate attorney. they'll make sure your back end is covered.

in your offer you want to specify the purchase price, closing date as well as contingencies that allow you out of the contract (i.e. you have the home inspected and it's full of termites or you can't qualify for that loan you need) etc... most of these again are just blanks to fill in. you'll also want to specify which physical items in the home you expect to remain (range, fridge, hot water heater etc etc..) and also which deficiencies you want repaired before you close on the sale--(holes in the roof, rotten wood on the deck out back etc..)

again, if you're unfamiliar with the situation, using an agent or having someone who's done FSBO's before can help.

Answer 3

If you've never done it I don't recommend you do it without the assistance of a realtor or a local attorney. Both of their fees are negotiable.
Most offer forms that you can buy anywhere, to complete you simply read the sentence and fill in the blank with the information being asked for that reflects the meeting of the minds between you and the seller.
Buena Suerte.

Answer 4

This is a very basic question. If you don't know the answer you are probably not qualified to handle this transaction yourself. Go spend the money on a decent attorney and consider a real estate agent. If you don't you may end up making a 100K mistake.

Answer 5

as you will see that, from having used a RE agent, in case you've been satisfied with what they did, you will see that that plenty is going into procuring a house on the "illustration" aspect. per chance on your very last purchase, you used the domicile lister which could actually help you purchase; i advice human beings to in no way attempt this; that's named accepting twin company and it continually harms the client! u desire any form of contract to do a land settlement [business enterprise preserving the deed in his call and sporting back his fairness]. you should desire .........blah, blah--all the belongings you had once you purchased your different domicile except you received't have an institutional ninety web page word [it truly is absurd.] you do not ought to apply a identify company yet i ought to. you do not ought to purchase identify coverage, yet i ought to. [except you're not any further having a raffle identify till eventually you get a clean mortgage.].......yet you've the desire to make confident this business enterprise IS the criminal proprietor! etc who makes up the settlement; anybody. you could. i will education guide you at the same time as I advise, because the business enterprise will pay for the client's fee's agent, that you take advantage of a buyer's agent.

Answer 6

As housing market continues to slump, would you consider delaying your plan?

http://money.cnn.com/2006/09/08/real_estate/caught_in_the_bubble/index.htm?postversion=2006090814
http://money.cnn.com/2006/09/05/real_estate/Ofheo_home_prices/index.htm?postversion=2006090514

If you would like to proceed, here is a good article when you want to put in bid, negotiation.
http://biz.yahoo.com/brn/060909/19463.html

Answer 7

Get a buyers representative.