So you found a house that you
might want to make an offer on. You might need to consider several
questions before you and your agent sit down and write a formal
offer.
Does the home meet the minimum requirements you listed before beginning
your search? Is the location one in which you feel safe and secure?
Does the property have a history of sitting on the market or a high
turnover rate? Is the size, age, and condition appropriate for your
financial needs and abilities to maintain it? Is the house priced
correctly for the rest of the neighborhood?
Your relationship with you agent is critical at this juncture.
He/she will be able to provide you with background information
concerning the houses history in the market place. Previous sales, tax
information, days on the market and similar saels or
"comps" for the immediate area. These factors will
determine whether you will move forward and write a formal
offer.
