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How To Write An Offer To Purchase A Home

Learn how to write an offer that helps you win the house you love! Writing an offer to purchase a house isn't complicated, but there are a lot of moving parts you need to watch for! 🎧 Listen To The Podcast https://plinkhq.com/i/1493715474 RELATED VIDEOS 1) How To Write A House Offer Letter    • How To Write A House Offer Letter   2) Win The Bid! How To Make Sure Your Offer Is Accepted    • Win The Bid! How To Make Sure Your Of...   3) How To Find A Realtor (For First Time Home Buyers)    • How To Find A Realtor (For First Time...   4) Fully Prepare To Buy A House (Step By Step Guide)    • Fully Prepare To Buy A House (Step By...   5) 9 Home Inspection Tips For Buyers    • 9 Home Inspection Tips For Buyers   So how do you structure your offer to make sure that the seller accepts it? So number one, you need to know your loan numbers. And what I mean by that is you need a prequalification from a lender and you need quotes. There is no point in writing an offer on a home if you have no idea what those numbers look like, right? If you have no idea what you can get approved for, how much your monthly payment is going to be, what kind of costs are associated and what your down payment needs to be, you have to know those numbers upfront. That way you know what you can negotiate with because you can come into a contract and put any numbers you want down, but unless you know exactly what's going to work for you in your family, there's no point in writing that offer yet because you don't know how those numbers are going to impact you. This whole contract is going to be based on numbers of the impact you and your family and what you're going to have to bring to the closing table, what your monthly payment is and your total cost over a period of time. So make sure you get pre-qualified with a lender and you have quotes so you know what your numbers look like. So you can negotiate well. Also you want to get advice from your realtor. Don't just feel like you have to go at this alone. Get their advice on what does the market look like, what kind of offer in terms is going to work well for you moving forward to actually win this house. Also you want to consider price and the tradeoffs. So one of the biggest things that people focus on in a contract is obviously the purchase price. How much are you purchasing the home for? And often what happens is you see a home for $200,000 and you want to go write an offer for one 95 or one 90 you want to try and get the best price. But a lot of people don't consider that price also has tradeoffs with with it. Hey, my name is Kyle and I'm a Loan Advisor serving Tennessee, Florida, and Ohio. I help you get a crystal-clear home loan so you can win the house you love. https://www.winthehouseyoulove.com/ 0:00 How To Write An Offer To Purchase A Home 0:38 How to Write an Offer to Purchase a Home 8:21 Psychology of how we are setting up the offer 9:07 Want between you and the seller 11:35 Two Main Points 12:26 Include to help push a contract -- Legal -- NMLS# 1701021 Motto Mortgage Alliance https://www.winthehouseyoulove.com/ 8900 N. Dixie Dr. Dayton, OH 45414 Equal Housing Opportunity