When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
Dear Paradise Properties,
We just wanted to take a minute and say thank you very much! My wife and I found your company on the internet by chance as we were looking to book a summer vacation on Torch Lake. On Jill's excellent recommendation, we booked a condo on Clam Lake for the third week of August 2009. The unit was spectacular, completely remodeled and very clean.
Another goal of our vacation was to learn more about the area and begin looking for a vacation home. By the end of the week, we had narrowed our search down to Clam Lake for many reasons including its access to Torch Lake. As it turned out, we found a very nice cottage on a perfect lot. After returning home and doing much more research we decided to pursue the opportunity and started working with Gary on the details.
Because we live six hours away the process was much different than other real-estate transactions we have been involved in. Gary's ideas, guidance and amazing follow through were second to none. At every turn or road block, Gary had the perfect solution or resource. Based on his tremendous experience and knowledge of the area the end result turned out great and we were able to accomplish a long term goal. I look forward to working with and referring Gary and Paradise Properties when ever possible.
Thank You So Much,Todd & Laura Wilcox