Buying a home or condo in Tampabay Saint Petersburg, making an offer.

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Buying a home or condo in Tampabay Saint Petersburg, making an offer.

Step 5 in the buying process

You are going to buy a home or condo here in St. Pete soon. Let’s assume, you have done enough shopping, you found a house or condo that you really like, all your NEEDS are taken care of an hopefully some of your wants. You are ready to make an offer.  But how much are you going to offer?

Remember when I said it is important to you understand if your Realtor is a Transaction broker or single agent?  If you choose a single agent to represent you, you will have an easy time to determine the sales price you will offer. Take a very close look at the comparable properties that have sold in the last few months, also, try to find out how motivated the seller is and last but not least, how bad do you want the property???

Talk to your real estate agent about all this and put it in writing. Do not make a verbal offer, if it is not in writing, it is not enforceable (statue of fraud) A verbal OK. from the seller means nothing, but a signed and delivered contract is legally binding. Make sure you understand your offer, the paperwork can be very tricky and you need to read it carefully and talk to your realtor about all the “blanks” you have to fill in. If you still have any unanswered questions about the real estate purchase contract, contact a lawyer and get answers. This is not the time to take chances, you are about to make one if not the one most expensive purchase of your life                                                                                                                                                                                                                                                 

 Step # 1   Buying property here in St. Petersburg Florida

Step # 2   What you need to know about buying real estate in St. Petersburg

Step # 3   How does a buyer find a Realtor?

Step # 4   Going shopping for a hone or condo in Saint Petersburg Florida

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

 

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