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
·
all-cash
deal
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.