
How, you might ask, do we go about getting from the point of wanting to make an offer --- to actually making the offer? Here's a brief overview....
- Obtain a pre-approval letter from a lender.
- View the property.
- Ask follow up questions of seller. (utility costs, age of house components, reasons for selling, motivation level, timing logistics)
- Research comparable sales to determine market value.
- Research restrictive covenants, deed restrictions, septic system details, survey, etc.
- Discuss negotiation strategies.
- Determine main terms of offer. (price, timing, contingencies)
- Draft and review offer documents.
- Sign (in person or electronically) offer documents.
- Submit offer documents to the seller and (patiently?) wait.
Let me know if you have questions about this process -- and know, of course, that the process looks slightly different for each buyer and for each property. This is a general guide, but not a required list and sequence.