So that’s the fun and exciting part. The tricky part involves closer, more careful inspection, as you examine each property’s condition so you know exactly what you’d be getting if the home becomes yours. This is when you hire a qualified home inspector (when you think you might have found “the one,” so they can inspect everything about the home, including structural issues, doors and windows, plumbing and electrical systems, heating, water damage or mold, infestations, and, if applicable, issues related to the yard, driveway, and walkway(s).
Step #8: Make an Offer
Once you’ve found “the one”—the home that meets your needs—it’s time to make an offer! This stage can be both exciting and stressful, but understanding the process will give you confidence.
HOW MAKING AN OFFER WORKS
Making an offer means proposing a price to buy the property. Depending on the seller, the listing agent, your own agent, and the current market, your offer could be at, below, or above the asking price. In California, offers must conform to state laws and local standards. Your buyer’s agent is an invaluable resource during this process, helping you navigate contracts, disclosures, and negotiations. Here’s what you need to know about a typical offer: • It must clearly state the amount being offered. • It includes the initial deposit, called the earnest money deposit. • It discloses whether the purchase is all cash or financed. • It outlines terms and conditions, such as requested
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