Liz May - THE COMPLETE GUIDE TO BUYING A HOME

offer your best offer if you want the property.

It would be helpful to review the contingencies list. The fewer clauses you have there, the more attractive your offer seems to the seller. However, I strongly recommend that you not remove your right to have a home inspection. This means the seller won’t be liable for any uncovered issues with the house, and you’ll have to pay for the repairs on your own. Showing your intentions by making a large good-faith deposit and down payment usually convinces the owner of your commitment. This may finally tilt the balance toward your proposal. Negotiating the price is a very stressful period in the home- buying process. You’re not quite sure what the results will be or exactly how much money you’ll spend. In any case, keep in mind that the owner is interested in selling his home and you’re willing to buy it. With a little time and effort you’ll both be able to achieve your goals!

A FEW WORDS ABOUT BUYING AND S G AND SELLING IN NORTH CAROLINA

If you're relocating from out-of-state, you might not be familiar with a few things typical in North Carolina real estate transactions. First is Due Diligence money. Due Diligence money is offered and paid to a seller directly as compensation for him or her to take the property off of the market for a certain period of time so you can further investigate the property and conduct any necessary inspections. You, the buyer, can then back out of the sale for any reason or no reason at all before the end of that period. After the last day of the Due Diligence period is over, the

54

Powered by