Handle Pre-offer Tasks

So you found a house that you might want to make an offer on. You might need to consider several questions before you and your agent sit down and write a formal offer.

Does the home meet the minimum requirements you listed before beginning your search? Is the location one in which you feel safe and secure? Does the property have a history of sitting on the market or a high turnover rate? Is the size, age, and condition appropriate for your financial needs and abilities to maintain it? Is the house priced correctly for the rest of the neighborhood?

Your relationship with you agent is critical at this juncture. He/she will be able to provide you with background information concerning the houses history in the market place. Previous sales, tax information, days on the market and similar saels or “comps” for the immediate area. These factors will determine whether you will move forward and write a formal offer.