Negotiating Offers To Purchase

In general, a Buyer wants their offer to reflect their concerns and objectives. If, for example, the purchase depends on securing financing, an independent home inspection and/or the sale and closing of an existing home, the contract should be drafted to reflect these contingencies. Obviously, the objective is to purchase the "desired property" at a reasonable price with the least amount of risk. Generally, leverage with the seller can be enhanced through preparation. An effective Buyer "acquisition strategy" may include a pre-approval for a mortgage product known as a "bridge loan", or similar product, which would eliminate two of the three contingencies mentioned above, making a less than full price offer to purchase more attractive to a Seller, while providing more value to the Buyer. A home inspection contingency, however, is a Risk Management necessity, regardless of the age and physical condition of the property. Reducing our Buyer Client’s risk before and after the sale is paramount to Buy Me Realty®, Inc. So, to encourage the use of home inspections, we will, at closing, reimburse our Buyer Clients the cost of a home inspection through HouseMasters or provide a $200 allowance towards another reputable home inspection service provider, as selected by the Buyer (limit one per offer, per Buyer client, per closed real estate transaction). Additionally, it is our policy to insure that each home sold has a home warranty. So at closing, we will provide our Buyer Clients with a FREE one year HMS base rate Buyer Direct or Buyer Conversion Home warranty or a $250 allowance towards another reputable home warranty service provider, as selected by the Buyer, unless otherwise provided for by the Seller in the Offer To Purchase.