Top 5 Tips for making an offer

April 11, 2019 |
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So you’ve been scouring the Property Guide for weeks, visited dozens of Open Homes, and you’ve finally found the one you want to buy…

 

Here’s our top 5 tips for making an offer, and securing your dream home in Port Macquarie.

Do your homework.

Research the market and visit open homes for similar properties, to get an idea what the property is worth. Have a fair price in mind, and stick to it during negotiations, so you’re sure to stay within your budget.

Get organised.

When your ready to make an offer, be certain that you can follow through by having your finance approved and your solicitor or conveyancer ready to go.

You may not get a second chance.

Everyone loves a real estate bargain, but if you make a low offer and the seller gets a better one, you may not get a second chance. Consider offering what you think is a fair price from the get-go.

The highest price doesn’t always win.

The most money offered may not be the deciding factor for a seller. The highest offer may be passed over by a vendor for example, for an offer that is not conditional on finance or the sale of another property.

Offer terms are important.

Time is often money for sellers. A buyer who is in a position to offer a quick exchange and a shorter settlement time, often has the advantage over someone who needs a longer time frame to get their house in order.

 

So as you can see, preparation is the key. By following these 5 simple tips, you’ll be well on the way to securing your own piece of Port Macquarie paradise. And of course, the Laing+Simmons team are always here to help.

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