Negociating a Real Estate deal in St. Petersburg Florida. Buying a house or condo in St. Petersburg, Step 6
In some cases you make an offer on a property and it gets accepted, but this is very very rare, Most of the time it is a long way between an offer and a signed contract.
It can go back and forth a few times and the negotiations can be difficult and tricky, but with the assistance of your Realtor you will be fine. He or she is trained and experienced and will be a tremendous help for you.
Negotiating the price of the home or condo is just one part of all this, you also have to think about time frames and closing costs, and who picks the title company and who pays for title insurance, who is responsible for repairs, is there a dollar limit?
When do you deliver your commitment letter, it is conditional or unconditional?
When do you do the home inspection?
Does it make sense to offer a higher escrow deposit right from the start or do you want to leave yourself room to adjust this later?
Are you going to ask for a home warranty plan? If so what should it cover?
Do you want to make your offer contingent upon an estimate of property taxes and insurance quotes?
How many contingencies can you or should you put in your offer without offending the seller or killing the deal befor it even starts?
I could go on and on but, it sounds worst than it is, your realtor will guide you through the process and once you sign your offer you will understand all this and feel comfortable with it.
Step # 3 How does a buyer find a Realtor?
Negociating a Real Estate deal in St. Petersburg Florida. Buying a house or condo in St. Petersburg,
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.