Buyer Offers

From the Buyer's Perspective

Bids and Offers

In purchasing a home you have a business transaction that requires multiple parties and often outside services including, financing, appraisers, home inspectors, title work and often many others. These services require more time than most people think, but the key to moving the entire process along is an agreement, legally binding, between the buyers and sellers of homes.

Whether you are buying or selling a home, consider the sale of a home as a transaction beneficial to both parties. It is true that an asking price is exactly that - an asking price, but very often buyers and sellers become emotional, feel slighted or even offended if neither party makes responsible and realistic offers.

When you find the house you want, make your most reasonable offer. Be sure you understand all the items included in the sale. Items that are permanently attached are included in the sale of a house, but if in doubt, include the items in your offer. Spelling out all specifics in the contract will result in a clear understanding at the closing.

If you wish to obtain information about crime statistics, state ratings for the local schools or the residence location of registered sex offenders, you may find it on websites that are easily accessible by the public. If you cannot locate those sites, your real estate agent will be able to direct you to them.

As a buyer, use the following guidelines.

  • Let the Realtor do the negotiating.
  • Do not call the seller.
  • Include everything in the bid that you want, including home inspection service, repairs, appliances, etc.
  • Don't request personal property, including washer and dryer unless you know the seller is planning to leave them.
  • If the seller is present during viewing don't give your personal opinions about the home.
 

If you have questions regarding any step of the buying process or require more information, please contact us.

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Legal disclaimer

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While The Yeatman Team of Ebby Halliday Realtors has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources,  The Yeatman Team of Ebby Halliday Realtors makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com.

Any legal or other information found here, on TheYeatmanTeam.com, or at other sites to which we link, should be verified before it is relied upon.

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