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What Should You Look for in a Multiple Offer Situation?

 
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Manage episode 173905183 series 1238475
Contenu fourni par Durwin Cheung. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Durwin Cheung ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
What does a good offer look like? There are three things you should look out for if you’re receiving multiple offers.

Buying a San Francisco Home? Search ALL Homes For Sale
Selling Your San Francisco Home? Get a FREE Home Value Report

There are three things that sellers should keep an eye out for when deciding between offers in a multiple offer situation:
1. Terms. Look at what kinds of terms are on the contract offer. Are they doing an inspection? If so, how long is the inspection contingency period? Anywhere from seven to 14 days is normal. Any longer than that is unnecessary.
2. Disclosures. When you sell a property, you will have to fill out disclosures to present to the buyer to know if there are any issues within the house. The buyer should sign off on these disclosures when they make an offer. It minimizes the chances of them coming back with a problem with the home that they didn’t know about before.

These items will give you a better idea of what to look for.


3. How strong the buyer is. To find that out, have your agent contact the buyer’s lender and talk to them directly to discuss things like their down payment, credit history and score, and more.
All of these items will give you a better idea of what to look for when selling your home. If you have any other questions for us or are looking to buy or sell a home, give us a call or send us an email. We look forward to hearing from you.
  continue reading

22 episodes

Artwork
iconPartager
 
Manage episode 173905183 series 1238475
Contenu fourni par Durwin Cheung. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Durwin Cheung ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
What does a good offer look like? There are three things you should look out for if you’re receiving multiple offers.

Buying a San Francisco Home? Search ALL Homes For Sale
Selling Your San Francisco Home? Get a FREE Home Value Report

There are three things that sellers should keep an eye out for when deciding between offers in a multiple offer situation:
1. Terms. Look at what kinds of terms are on the contract offer. Are they doing an inspection? If so, how long is the inspection contingency period? Anywhere from seven to 14 days is normal. Any longer than that is unnecessary.
2. Disclosures. When you sell a property, you will have to fill out disclosures to present to the buyer to know if there are any issues within the house. The buyer should sign off on these disclosures when they make an offer. It minimizes the chances of them coming back with a problem with the home that they didn’t know about before.

These items will give you a better idea of what to look for.


3. How strong the buyer is. To find that out, have your agent contact the buyer’s lender and talk to them directly to discuss things like their down payment, credit history and score, and more.
All of these items will give you a better idea of what to look for when selling your home. If you have any other questions for us or are looking to buy or sell a home, give us a call or send us an email. We look forward to hearing from you.
  continue reading

22 episodes

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