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Frequent Buyer Questions

Frequent Buyer Questions




Q: Vickie when we find a house we like how do we buy it?

A: It is a many step process, here is a brief overview of the process:

You will need an earnest money check to accompany the Offer to Purchase. This may be in the form of a personal check, cash, or in some cases a certified check. When your written Offer to Purchase is presented to the seller, the seller has three choices:

1. Seller can accept your offer
2. Seller can reject your offer
3. Seller can make a counteroffer.

Negotiations after the initial written offer maybe conducted verbally until an agreement is reached. When the seller accepts your offer, or you accept his counteroffer in writing, you have a binding contract for sale on that property. Your earnest money usually will be deposited in the listing broker's trust account to be held until closing.

Q: Vickie, is it best to make a really low offer at first?

A: If your offer is too low you may take some unwanted risks. It depends. An experienced buyer's agent who knows market values can determine if property is priced right. Assuming the property is priced right, a low offer could insult the seller, which in turn could cost the buyer more money. If the offer is too low, you may take some unwanted risks, such as, paying more than you would have if the initial offer would have been higher.

Q: Vickie, would it be in my best interest to work with several Realtors and not just one?

A: It is in YOUR best interest to work exclusively with me and my team. I have access to every home that is in the Franklin, Highlands/Cashiers, and Jackson County Multiple Listing Service I am self-employed, not on an expense account, and will be paid only when I find the right home for you. Your loyalty is appreciated, and in return, you will receive the maximum in service from me and my team. All of my time and professional advice, experience, and assistance is FREE to you!

Please contact us to answer any further questions about buying your next house.


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