http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/ Adding a punchline to your bottom line Thu, 04 Dec 2008 05:32:49 +0000 http://wordpress.org/?v=2.6.2 http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-59966 Adventures in First-Time Homebuying #8: Countdown to Closing | Punny Money Fri, 04 May 2007 03:00:41 +0000 http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-59966 [...] you made an offer on a home and it was accepted. Your work is done until closing day. Time to sit back and start dreaming of how you’re going [...] [...] you made an offer on a home and it was accepted. Your work is done until closing day. Time to sit back and start dreaming of how you’re going [...]

]]> http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-43288 Nick Thu, 25 Jan 2007 18:17:42 +0000 http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-43288 Even with a pre-approval letter in hand, real estate transactions can still go south due to lack of financing. Even a minor change in the borrower's status since pre-approval can result in a denial of credit down the road. That 30% figure does seem a bit high though. Even with a pre-approval letter in hand, real estate transactions can still go south due to lack of financing. Even a minor change in the borrower’s status since pre-approval can result in a denial of credit down the road. That 30% figure does seem a bit high though.

]]> http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-43282 fred Thu, 25 Jan 2007 16:55:11 +0000 http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-43282 Are you sure it is 30 percent? That seems kind of high being that most real estate agents requires you to be pre qualified before you start putting bids in.That is usually the first step in buying a house. Are you sure it is 30 percent? That seems kind of high being that most real estate agents requires you to be pre qualified before you start putting bids in.That is usually the first step in buying a house.

]]> http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-42256 Kim Thu, 18 Jan 2007 09:24:41 +0000 http://www.punny.org/money/adventures-in-first-time-homebuying-7-how-to-make-an-offer-they-dont-refuse/#comment-42256 I just wanted to share something that helped me get my house for a little less than the asking price, against higher offers. In the offer, they recommended that I include an initial deposit, 2-3 percent sounded customary, to show that my offer is serious. I put down almost 7 percent in cash, which made my offer a lot more likely to close. Apparently about 30 percent of all deals fall through because of financing, so sellers agents should be happy when they see a surer thing even at a lower price. I just wanted to share something that helped me get my house for a little less than the asking price, against higher offers. In the offer, they recommended that I include an initial deposit, 2-3 percent sounded customary, to show that my offer is serious. I put down almost 7 percent in cash, which made my offer a lot more likely to close. Apparently about 30 percent of all deals fall through because of financing, so sellers agents should be happy when they see a surer thing even at a lower price.

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