|
And again, this is where having a top mortgage agent on my team comes in handy. When you look at the first page of the Purchase Contract, you can see that it is mostly about financing.
While Line H. Purchase Price (page 1) is the most important number, it is not the only number. The goal is to make sure that all the numbers from the buyer are solid, reliable and accurate as to the current market conditions. Having a top mortgage agent on my team means that offers from buyers for your property will be reviewed by an expert in financing to make sure that you select the best offer for price and financing terms along with all the others in the contract.
Since most agents (buyers agent and listing agents) are not experts in loans or mortgages, having an expert to help negotiate for you on the financial side of the contract is invaluable.
We will review each offer and make sure that all the contingencies, terms and conditions are agreeable to you, along with the price. If you decide that you want to accept one of the offers at this time, I will first call the mortgage agent to make sure that the buyer is financially qualified to buy your property. If and when this is confirmed, you will sign and date at the bottom of page 7 of the Purchase Contract. You will now have a ratified (Accepted Sales) contract. Congratulations.
If you decide to reject the offer, I will call the agent and let them know.
If you decide to counter the offer, we will go to the next step here.
| 
RSS Blog Feed