Follow three key steps to buy your house
Two people shaking hands
Once you’re preapproved for a loan and you’ve survived the rigors of house hunting, the time will come when you find a house that you’d like to call home. But first, you’ll need to make an offer.
The offer is the first step in the negotiation process. A good basic offer includes the price you’re willing to pay for the house, your financing terms, and contingencies, such as specifying what will happen if negative findings come up during the inspection.
Purchase contracts vary from state to state. Regardless of where you live, if you’re making an offer, you want it to be carefully worded and well thought out.
Written By: Michele Dawson. If you would like to continue reading, click here.