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Save Offer To Purchase Real Estate

Save Offer To Purchase Real Estate

Aug 6th, 2022

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How to Save Offer To Purchase Real Estate

4.8 out of 5

67 votes

In this tutorial, Kyle from Win the House discusses how to write a compelling offer to purchase a home. He emphasizes the importance of structuring your offer to appeal to sellers and hints at understanding their psychology to improve the chances of acceptance. Key points include knowing your loan numbers, ensuring you have a pre-qualification, and other essential elements to strengthen your offer. Additionally, viewers are encouraged to like the video and subscribe for more content. Kyle also offers a free PDF titled "7 Proven Ways to Save Thousands on Your Home," available at his website, to provide further financial insights for homebuyers.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Why do sellers want backup offers?

The reasoning behind this is that your backup offer gives the seller a safety net that prevents them from having to reenter the market if their primary offer falls apart. That security may be worth accepting a slightly lower price than the current offer.

How much should a deposit be on a house offer?

Most buyers will want to make a deposit thats at least 5% of the purchase price as it tells the seller your finances are in order. In general, the deposit amount is guided by the purchase price as well as how quickly youll be closing the deal.

Is an offer to purchase legally binding in Canada?

When a seller accepts an offer, they agree to sell the home to the buyer on the terms of that offer. The purchase contract is legally binding on the seller as soon as an offer or counteroffer is accepted in writing. This means they must now perform their obligations under the contract (or face legal consequences).

Is the first offer the best offer in real estate?

Your first offer is almost always your best offer, even if its early. Receiving an early offer on your home is not a sign that youve done something wrong. Its more likely a sign that youve done some things right.

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