Make It Easy!
Homebuyers sometimes scuttle their home purchase by making it difficult
for the sellers to say "YES!" Instead of making a clear, concise offer to
purchase, they complicate it by including too many "ifs, ands, buts, and
wherefores."
Pretend you are a homeowner. Your home
is priced fairly at $875,000. The buyers' offer reads: "Price is to be
$855,000. Sellers are to pay all closing costs. Buyers have up to six months to
sell their existing home, and may cancel the contract at any time. Sellers agree
to leave microwave oven and riding mower at no cost to buyers. Inspections
must be satisfactory to buyers, and sellers agree to pay up to $8,000 for needed
repairs."
Get the picture? Where does it all end? How
can the sellers predict a satisfactory outcome? The offer is so confusing
and requires so many concessions.
The alternative is
a clean offer, one which is easy to accept. Informed buyers first get a solid
loan commitment from a mortgage lender. Then, knowing their financial limits,
they make a firm offer, accompanied by a sizeable deposit and an early closing
date. If money concessions are required, they are totaled and presented as
a single request.
The result can be prompt acceptance
from grateful sellers. With all the facts clearly included, their decision is an
easy one - "YES!"