14 Steps to Buying a Home in Westchester County
Posted by Carolyn Schoemer on Wed, Jun 23, 2010 @ 10:17 AM
Step 7:
Negotiating On A Home - When we start with a strong and complete offer, the negotiations hopefully will go quickly and smoothly. If this is not the case, we will continue to negotiate until we have an "accepted offer" or we realize that we cannot purchase this home for the price and terms that you want. In this market, it is common to have more than one buyer bidding on the same property, and the seller may not give a counter offer. The listing agent may just ask for your "highest and best" offer and that may not even be the asking price. In that situation, it will be up to you how much you are willing to pay for that property. ALSO-JUST A WORD OF CAUTION... please realize that if the seller accepts your offer, the seller may get other offers on the property and is by law allowed to accept another offer. Therefore, it is urgent that we proceed with the inspections, contract and mortgage as quickly as possible!