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The Perfect Offer  Bucks County Real Estate 2013

Tuesday, January 8, 2013   /   by Martin Millner

The Perfect Offer  Bucks County Real Estate 2013

offer


Have you heard news of the real estate market in Bucks County changing to a “seller’s market”? You may notice home prices are rising again, and competition for homes has increased as well. Competing with another buyer can happen frequently, and sellers have an advantage when this happens.


When the real estate market transitions from a buyer’s to a seller’s market, it’s important to do everything you can as a buyer to improve your chances of having a seller accept your offer. Here are a few offer-writing tips to help solidify a contract on your new home in Yardley, Newtown or anywhere in Bucks County:


* Don’t waste time – When you find the home you want, submit an offer as quickly as possible. Don’t assume that no one else is considering your dream home as well.





* Realistic offer – this market may not be the proper one in which to make “lowball” offers. Be reasonable and submit comparable sales that justify your offer.





* Pre-approval letter – alleviate the seller's biggest concern that an unqualified buyer will unnecessarily take their home off the market and the seller will miss other opportunities.





* More earnest money – money up front will show that you're serious, and makes the seller feel more confident that the contract will actually close.





* Minimize contingencies – don’t give the seller too many reasons to think the sale won’t go through. Multiple contingencies lessens the seller’s willingness, because they feel the home is "off the market" with less certainty of closing.





* Shorten inspection period - your agent can help you set a reasonable date, but it helps if you let the seller know you're willing to close prior to that if possible.





* Write a personal letter to the seller telling them why you want their home – this emotional connection to the seller can make the difference in you getting the home.


A confident seller is one who will be more likely to accept your offer.  Following these tips can positively affect negotiations and help you present an offer that is most likely to be accepted. I am happy to assist you with the details of purchasing Bucks County real estate.


 

Coldwell Banker Hearthside Realtors
Martin Millner
100 Brandywine Blvd. Suite 302
Newtown, PA 18940
215-519-1399
215-519-1399

Copyright2020 TREND, All Rights Reserved

“The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Platinum Realty Team participates, and is provided by TREND through a licensing agreement.”

“The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.”

Data last updated:October 23, 2020 “Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.” “Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.” Data Last Updated: October 23, 2020

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Coldwell Banker Hearthside Realtors participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2020 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: October 23, 2020 10 PM.
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