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Considering Offers

You will receive hundreds of offers about a property listing. Remember that your goal is to get the best prices and terms specifically for you.  However, focusing exclusively on price may cause you to forget other terms that are favorable to buyers.

The following are terms that can work for you: as a seller

  • Interest rate for a second mortgage is higher than the market rate
  • The buyer can pay most or all closing costs
  • Repairs are managed by the buyer
  • The buyer has been pre-approved and can close at a suitable time
  • Cash deals

When you are evaluating offers, look at the entire package and assess what you are being offered and whether it addresses your needs.