Buying a home can be an exhilarating process. After touring house after house, you finally decide on a place that you can envision yourself calling home. Maybe you will be establishing roots in a new area, or maybe this is the place where you and your spouse see yourselves raising your children together.

While deciding on a house is a big step, your work is not over just yet. Now comes the time to make an offer. While you may not want to offer the full asking price, you also do not want to offer a price that is so low that it becomes completely unrealistic. To help you out in this process, let’s go over a few tips on how to deliver the perfect home offer.

1. Pay with cash.
Purchasing a home with cash may not be an option for everyone, but buying a home can be easier for those who are able to pay with cash. Sellers like to see all-cash offers because it removes the need for an appraisal, the escrow closes quicker and the hassle of resolving mortgage issues is eliminated. Additionally, because it can make things faster and easier for the seller, you may be able to negotiate a lower price when you are offering all-cash.

2. Show that you are pre-qualified.
The biggest disappointment for sellers happens when they finally accept an offer on their house, only to find out that the individual or couple who wanted to buy the place does not actually have access to that amount of money. Make your offer stand out by also supplying a pre-qualification or pre-authorization letter from your lender to prove that you are financially qualified.

3. Offer to close when it is convenient for the seller.
In the vast majority of home sales, the current homeowner wants to sell and move out of the house as fast as possible. If you know that the seller needs to be out quickly, offer to close in 30 days or less. Alternately, if you know that the seller’s new house will not be completed for another 60 days, offer to push back the closing date to accommodate this timeline. If you can avoid it, do not stress a quick closing when you know that the seller needs more time. There are plenty of instances where timing is just as important as the money, so use this information to your advantage.

The real estate professionals at Henderson Properties are dedicated to providing real estate services that positively impact the quality of people’s lives.