Reviewing Offers

When reviewing an offer to purchase a house in North Carolina, there are many aspects to consider. Check out the following 5 crucial aspects:

• Offer Price:

We will assess whether the offer aligns with the property’s market value and your expectations, considering recent comparable sales in the area.

• Financing Terms:

We will evaluate the buyer’s financing details, including the type of loan, pre-approval status, and any conditions that may impact the likelihood of a successful closing.

• Contingencies:

We will examine the contingencies outlined in the offer, such as the inspection and appraisal contingencies, and go over their implications on the sale.

• Timeline:

We will review the proposed timeline for the closing process, ensuring it aligns with our preferred schedule and any potential logistical considerations.

• Due Diligence/Earnest Money Deposit: 

We will consider the amount of the Due Diligence Fee and Earnest Money Deposit and discuss the difference between them. These payments can reflect the buyer’s seriousness about the offer and serves as a financial commitment to the transaction.