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Real Estate Tips
Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Real Estate Trivia
Q 
What document must lenders provide within three days of receiving your application for financing?

A 
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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David Bessette All Florida Realty Team, REALTOR®, real estate agent and broker for Port St. Lucie, Vero Beach, Ocala and Palm Coast, Florida home listings, property and land for sale - NUMBER1EXPERT

David Bessette All Florida Realty Team
Real Living All Florida Realty

1648 SE Port ST. Lucie BLvd.
Port St. Lucie, FL 34952
772-323-2010
Fax: 772-337-0734
davidbessette@NUMBER1EXPERT.com

The David Bessette All Florida Realty Team has been providing "Premier Service" to their Florida real estate clients for over 35 years. Buyers, Sellers, Landlords and Tenants turn to us for "Service They Deserve, From People They Trust." Put our team to work meeting your Florida Real Estate Needs.

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