Thursday, December 30, 2021 / by April O'Brien
If you’re selling your Delaware or Pennsylvania home this year, be sure to dive deeper when reviewing those offers and see if the following factors are included. Every seller would do well to consider all aspects, beyond the dollar amount, before settling on a buyer!
A pre-approval letter is always helpful to see in an offer as it shows the buyer has visited a lender and is qualified to make the purchase and obtain financing. If you prefer
This money ultimately goes toward the buyer’s down payment if they close on the home, but if they break the contract and walk away, the seller can potentially keep the deposit.
Contingencies are marks that need to be met in order for the transaction to move forward. For example, buyers might want an inspection contingency that allows them to have the property inspected. If necessary repairs are found, the buyer may ask the seller to fix them before closing.
With contingencies present in an offer, this allows the buyer to walk away with their earnest money should the contingency not be met. For this reason, you may like to choose the offer with the fewest contingencies to ensure a smoother transaction.
Now is a great time to consider listing your home in Delaware and Pennsylvania and we are happy to help you navigate the process! Give our team a call today for next steps on preparing your home for sale or to find your current home value in the market!
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