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When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
*higher-than-market-interest in a second mortgage for your home
*the buyer will pay for most or all of the closing costs
*the buyer will take care of any repairs
*quick close - the buyer is pre-approved and ready to close in a time that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
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Copyright © 2018 Austin Board of Realtors ®. All rights reserved. The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed. The owner is not making any warranties or representation concerning any of these properties including their availability. Information at this site is deemed reliable but not guaranteed and should be independently verified. The information being provided is for consumers\' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. This site will be monitored for \'scraping\' and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. Information last updated on 2018-01-23.