How to make an offer on a house... learning how to negotiate in today's property market can get that next investment property at a discount and negotiation is a skill you CAN learn. Property investing is all about making a profit (ethically). It's about building your property portfolio by buying at a discount (ideally below market value - BMV - where you can) and then adding value... and a big part of this comes down to negotiation. DOWNLOAD CHECKLIST... https://yourfirstfourhouses.com/ Learning how to make an offer on a house - is where it all starts and in today's video - let me give you 6 BIG property tips to get you started. I hope you find this one helpful. All the best... Tony Law | Your First Four Houses with property investment for beginners tips that will hopefully help you in your property business or real estate endevours!
Views: 32168 Your First Four Houses
Flip houses for fun and profit WITHOUT using your own cash or credit: http://stefanaarnio.com/book How to make an offer on a house wisely? Today Stefan talks about how the average person should approach buying properties. Stefan is buying real estate every week - how many offers should you be making? How should you approach negotiating? Stefan Aarnio is an Award Winning Real Estate Entrepreneur, auther of Money People Deal: The Fastest Way to Real Estate Wealth and the 2014 winner of the Rich Dad Hall of Fame award. Starting with only $1200 Stefan has built a multi-million dollar portfolio for his partners and has himself a spot on the The Self Made List. Stefan has accumulated properties at an alarming pace controlling 25% of his local niche through his understanding of Real Estate Joint Ventures. Stefan’s philosophy is simple, find great deals, build a fantastic team, pay everybody and create partnerships for life! In this book you’ll discover: • The Law of Certainty and The 21 Steps to a Profitable Joint Venture • Why The Best Deals are Created and Cannot Be Bought • Why Morons Get Rich and Geniuses Die Broke • The 4 Fastes Ways to Profit How to become a ‘inside trader’ legally and see opportunities other investors cannot! Get the book here: http://stefanaarnio.com/book For only 3.95 (Tell him YouTube sent you) What does it take to become a millionaire? Many have wondered few have succeeded. Self Made: Confessions of a Twenty Something Self Made Millionaire follows the real life story of Stefan Aarnio, award winning real estate investor. In this book follow along with Stefan’s struggle fo starting out with ZERO CAH, ZERO CREDIT and ZERO EXERIENCE in his pursuit of financial freedom. Inside self Made you will discover the 5 Secret Skills that transform ordinary people into self made millionaire. These skills are mastered by the rich, purposely not taught in school and are hidden from the poor and middle class. Join Stefan on his journey as he faces financial ruin, meets his life-changing mentor and transforms his mind, body and soul to become SELF MADE. In Stefan’s Book You’ll learn How To Master These Subjects: How to Raise Capital: How do you raise capital for real estate? How do you use other people’s money for real estate investing? Every Entrepreneur at some point has to raise capital to start a business or to grow an existing business. As a real estate investor, Stefan has raised more money for his age than any other real estate investor in North America. Stefan learned the art of raising money at a young age and because of this skill – he has only used $1200 of his own money to purchase millions of dollars of real estate. How to Negotiate: How to negotiate when buying a property? How do you win at negotiating? How do you get what you want by negotiating? Everything we want in this world is currently owned or controlled by someone else. Through the study of negotiation, we can literally get what we want on demand. As a real estate investor who has transacted millions of dollars of deals, Stefan Aarnio has perfected a proven system for negotiating profitable deals for himself and his investors. Learn how to create win-wins! How to Increase Sales: How to improve sales? How to become better at selling? What are the keys to selling real estate? Everyone wants to buy, but no one wants to be sold. Selling is the #1 skill of any entrepreneur and it’s a skill that so many entrepreneurs hate to practice. From a young age, Stefan learned the art of the sale and quickly became a proven commodity in the field of sales. The richest entrepreneurs in the world are master salesmen, while those who cannot sell struggle to survive. Buy, Fix, Sell: How do you flip properties? How to get started flipping real estate? Flipping properties is one of the fastest ways to generate wealth and cash in real estate. All value in real estate is either found or created. Learn how to create wealth with real estate. One of Stefan’s first major businesses was and still is a real estate flipping company and this skill is a major source of Stefan’s wealth. Flipping properties is the fastest way to generate massive profits and live the dream of a real estate entrepreneur. Marketing and Branding: How do you market your business? Why is branding important? How do you brand yourself? In Business, you either live as a brand or die as a commodity. Why is it that more and more people struggle to survive in the new market economy? Too many entrepreneurs, companies, products and services fail to be profitable in the market and most of these failures are un-branded commodities. To Learn More, Checkout this Special Offer: http://stefanaarnio.com/book
Views: 62614 Stefan Aarnio
In today's real estate FAQ's episode you'll learn tips for getting a lowball offer accepted! Let's begin with some basic how to buy a house questions that come up frequently. Nearly every buyer always asks, "can I offer less money for the house," when they are ready to write an offer. When buying a house, the list price and terms of the contract are negotiable. To weigh the odds of what is considered a lowball offer on a house, begin with understanding if the current market is a: sellers market, buyers market, or balanced market. Depending on the type of market will determine the likelihood of getting an offer accepted on a house, especially one quite a bit under list price. The next question that usually pops up is, "how much should I offer on a house below asking price?" That's a great question! Real estate lowball offer mistakes occur when a buyer first doesn't understand the current market conditions and trends. Working with a savvy buyer agent, when a home buyer gets ready to write an offer, the agent will double check value. If higher than reasonable then the offer should be less than asking price. If the list price and valuations check out, then it's matter of motivation on behalf of the seller and the market conditions. (i.e. are multiple bids occuring? how long has the house been on the market?) So, how to make lowball offers on a home successfully? First, understand the market conditions. (Yes, I'm driving this point home because it's critical to your success!) Next up, find the homes with the longest days on market that you like best. Next, schedule with your trusted real estate advisor to check them out asking your agent to "comp" the property before viewing the home. Ask your real estate agent if the home is overpriced, underpriced, or at the right list price. Chances are, if a home has a many days on the market over the average in your area, the price isn't right and the seller must come down if they hope to sell. So, what percentage is considered a lowball offer. If the home is priced correctly, anywhere from 3%- 5% under list will definitely be low. If the home is overpriced then anywhere from 7%- 10%+ will be considered a lowball offer. Here's the deal... In practice, me and my teammates have assisted home buyers get as much as 15% off the list price on occasion even in a seller's market. While it's certainly not the norm, every property, buyer, and seller thus negotiations are unique. To balance that fact, if a buyer wants to consistently be unreasonable by making lowball offers on correctly priced homes or underpriced homes and not listen to the prudent counsel or learn how to make a successful offer, then I will consider the buyer unmotivated to buy a house and simply fire the client. Please understand that when real estate agent's represent home buyers, we are looking out for your best interest and will assist you in getting the deal possible for the current market on both price and terms that help you get the home you want. Depending on your motivation to get the house, days on market, price, and market conditions, terms needed (i.e. buyer closing costs, home warranty, etc...) will determine the best way to make an offer on a house. Be realistic, be smart, and listen to your trusted real estate advisor whether you'll be able to get your lowball offer accepted or not. Sometimes it does work out. To get the most of this video, watch it start to finish and share your questions & comments, about when to walk a way from a home purchase with our community below. Thank you. To get honest information the next time you're buying a home or selling a house contact a great local trusted real estate advisor. If you want help finding one of the best real estate agents in the nation, a CRS please let me know. I'm here to help! If you want to know more about Las Vegas real estate or buying a home in Las Vegas, please let me know. I'm happy to help! Thank you for watching! =) Enjoy an amazing day! -Your Real Estate Geek, Andrew Finney Contact info: Andrew Finney USMC Combat Veteran/ Real Estate Consultant License #S.0173260 Call/ Text: 702-710-0287 Email: [email protected] https://www.andrewfinneyteam.com/ BHHS, Nevada Properties 7475 W. Sahara Ave. Suite 100 Las Vegas, NV 89117 Designations- Certified Residential Specialist (CRS) Accredited Buyer's Representative (ABR) Sellers Representative Specialist (SRS) Certifications- Military Relocation Professional (MRP) Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: https://www.youtube.com/watch?v=q1ULJ92aldE Download this track for FREE: http://bit.ly/SynColeFeelGoodDL
Views: 18595 Andrew Finney Team
Real Estate Agent and Trainer, Robert Rico, explains how to write a strong real estate purchase offer on a property. For more information, please view our blog: https://www.carealtytraining.com/real-estate-agent-how-to-write-a-purchase-offer For more information or to sign up, please visit our website (www.CARealtyTraining.com) or give us a call (888-317-8740). You can also follow us on: • Facebook- https://www.facebook.com/LARealtyTraining • Twitter- https://twitter.com/carealtytrain • Instagram- https://www.instagram.com/carealtytraining Thanks for watching!
Views: 2278 CA Realty Training
VIDEO TRANSCRIPT: Reporter: Let's say I have found the perfect property. I am now ready to make that commitment. What are some of the things that I need to ask before I make that commitment? Simon Bray: You're looking for the property, and you finally find the one that you really like. At that stage, you're going to make an offer to purchase, which is really a binding contract between yo, and the seller, provided the seller accepts it. So it can be a particularly difficult process, if you haven't done it before, to understand exactly what needs to go into that contract but really you have to know that you want the house. So is it in the location that you're happy with? Close to schools, the neighbourhood and the community that you enjoy. Sometimes it's worth having rented in that neighbourhood before so you know exactly what you're getting into. Is the house the type of house you want? The space and all of that, and I think most importantly can you afford it, because as soon as you sign that offer to purchase it starts a whole process in motion. And if you can't afford it, well you've wasted your own time and that of the seller. Reporter: Okay, now let's say I've cleared my mind of any doubt, I'm a 100% sure this is the property I want to purchase, what do I do? Simon Bray: The best thing to do at that point is to engage with a professional, so an estate agent or an attorney, to draw up a contract for you which is called an offer to purchase. Basically, it records your offer, the price you're going to pay and the terms and conditions that you're happy to accept in a sale. And then it'll get submitted to the seller, and if the seller likes what he sees then he's going to sign it, and you're going to have a binding sale agreement. So it really is just a contracting phase between two parties, and it's important to understand what goes into that contract, what are the various clauses that you need to look out for and that's where an estate agent agent or an attorney can really add value. Reporter: And is there anything specific a buyer should be aware of, or at least look out for, before making that offer to purchase? Simon Bray: Absolutely. A suspensive condition is basically if this condition isn't met well then the sale doesn't go through. So there's usually a number of suspensive conditions inside of sale agreements or offer to purchase, and there are things like you have to get a bond within 30 days, or perhaps I've got to sell my house before I can buy this house. So those would be suspensive conditions, and it's good to look out for those. Another one people often miss is this concept of the Voetstoots clause. There's this misunderstanding in the market that because of the Consumer Protection Act, there's no such thing as the Voetstoots clause. But in an individual property transaction, say you're selling a house to me, that clause absolutely can go into a sale agreement which means you're selling the house to me as it stands. So I need to be aware of any defects and be happy to sort them out if they do present themselves down the line. So that's a good one to look out for. Provided you don't know about any major problem that you haven't told me about, because that would be fraudulent, right? Reporter: Simon what happens in the event that you've bought the house but people are still occupying it? Simon Bray: The transfer process usually takes about 12 weeks in this country. So specifying exactly when you're going to move in has to be in that Offer to Purchase. So it usually records a date of occupation, and if, as you say, the person continues to live in the place after that date of occupation, then you'd also specify occupational rent. So that's how much rent they would effectively pay you to live in that place. It's usually quite high, it usually has to cover all the costs of ownership for the property. So you do need to look out for those ownership clauses, like the occupational rent clause. Reporter: And what are some of those things you should not do after you've done your OTP? Simon Bray: One thing that's really interesting is people will sign multiple offers to purchase. You've seen two or three houses, you've put in two or three different offers, and then you look to get the cheapest one. But the problem is if all of those sellers sign those offers, you've actually just bought three properties. So you don't want to do that. You don't want to sign an offer that you can't get finance for, so you need to know what your affordability level is. And you can't just rely on what people call the "cooling off period". There's a little clause that goes in the contract that says, "If I change my mind in the next five days, then I'm allowed to." That cooling off clause actually really only applies to property below a certain value, usually really low, like R250,000. And those directly marketed. So you don't really want to rely on that clause.
Views: 2112 Private Property
In this video I go over the very basic steps of putting an offer together. I talk about the different items that will be discussed to go into the offer
Views: 163 Shelley Berendt
Read the Full Article at: http://www.HomesNorthernVirginia.com/ Today's Northern Virginia Real Estate video answers the question - Your offer to buy a home was accepted, what's next? ================================================= Steve Bradley, Northern Virginia Real Estate web site http://www.HomesNorthernVirginia.com Northern Virginia's Best Home Search Site for Your Tablet & Mobile device http://www.NOVAhomeSearcher.com And look at us, we're on Facebook too. http://www.facebook.com/BradleyGroupRealtors ================================================= Buying a home in the next 3 months? Download our FREE 31-Page Home Buyer Report at http://www.homesnorthernvirginia.com/free-31-page-new-home-buyers-guide/ If you are selling in the next 3 months why not DOWNLOAD our FREE Smart Seller Program at http://www.homesnorthernvirginia.com/smart-seller-program/ ================================================= You should YouTube with us, it's good for you! Stop by our YouTube Channel often! http://www.youtube.com/user/BradleyGroupRealtors/ Or better yet why not just subscribe by clicking the link below http://www.youtube.com/subscription_center?add_user=BradleyGroupRealtors =================================================== DISCLAIMER: Steve Bradley is not an attorney and not offering legal advice. He does not hold a real estate brokerage license in any every state. Laws, requirements and local policies differ and selling and buying real estate can have significant legal implications. Always seek the advice of a licensed attorney and/or real estate broker if you have concerns about your sale or purchase of a home. Music Supplied by:Chan Redfield, Main Track -- Get it Going
Views: 6468 Northern Virginia Real Estate
How to write offers: Are you ready to start writing offers? http://www.charter-home.com/home-owner-university-2/buying-a-home/writing-offers/ Well this is getting exciting. When you start writing offers it is a very exciting and stressful time when you are buying a home – especially if it’s not something you’ve done before. An offer is always in writing; you can’t purchase real estate with any kind of verbal agreement. What Is An Offer? An offer is essentially an entire contract filled out by the buyer with the price and the terms that are agreeable to what the buyer is after – what the buyer is willing to propose. But it is essentially an entire contract that, should the seller sign, would become the contract for the purchase of that home. So you’re going to fill out, in California – it’s about 10 pages, worth of paperwork that identifies and breaks down all the important details of the home purchase. This includes what the price is, what the down payment is, what the deposit might be, what kind of financing and who ends up paying what. In a separate module, we are going to cover the purchase contract and the breakdown of it. What To Expect The first time you write an offer can be a little bit stressful. In fact, in any new home search, even if you’ve been through a purchase before, you’re going through paperwork and it’s constantly being rewritten and evolved. You can pick up forms to write offers at office supply places. Contracts come in different shapes and size. But the contract most used in California has been written by the California Association of Realtors and it comes up in the vast majority of transactions. If you’re working with a realtor, this will be the document that you’ll most likely use for the purchase of the home. It’s called a Residential Purchase Agreement. The first time you run through it, you’re going to want to take the time to read the relevant portions of it. But most important – that we’ll cover here – are going to be ~Identifying the property ~What the price is that you’re willing to pay ~How much is your deposit (meaning the amount you’re going to put into escrow) that should you breach the contract could become non-refundable ~How much is your down payment ~What kind of financing ~And -perhaps most important after that – would be the split of fees and costs. For example, who’s going to pay for the title insurance, who’s going to pay for the escrow, and all of those specific details get itemized and defined so there’s no guesswork. It’s a very well used document, it’s very thorough and complete. The first time through it – you really want to read it. What Happens Next In many markets in California, you might find that you’ll write several offers. Subsequent offers are actually really easy. Once you’ve taken the time to familiarize yourself with the document – to write a second offer is a breeze. It’s that first offer, where you do want to take the time to get up to speed on what’s in there. But the most important components you will probably determine include how you want to approach a negotiation, how much money you want to offer relative to an asking price, and how you want fees/costs split. Once you have decided, once you have those patterns in place, when you write offers – you’ll likely just continue on that path. Unless you’re not having any success – then you might want to reassess perhaps how costs get split. If there’s something about your approach that is not getting you a property – you can reassess. But when you’re writing an offer you’re going to identify in detail through the contract everything – so that all a seller would need to do is sign and you are in contract on the purchase of that home. So familiarizing yourself with how the contract reads and the questions that are going to be asked is a good idea.
Views: 1337 HomeOwner University
In today's home buying tips episode you'll learn about making an offer on a house! **Watch the full video to learn how to make an offer on a home. Thank you!** Timeline: Main Topic #1 1. 1:23 - Forget the List the Price! What's the house REALLY Worth!? Main Topic #2- Offer Analysis & Factors 1. 2:40 - Comparative Market Analysis for Buyers & Considerations 2. 3:13- What's Comparative Market Analysis (CMA) 3. 4:47 - Buyer Motivations 4. 5:44 - Understanding Market Conditions... Seller's Market vs Buyer's Market 5. 6:53 - Days On Market (DOM) = Better Negotiations! 6. 9:23 - Impact of Competing Homes & New Homes 7. 11:04 - Seller's Motivations Influence Pricing! Main Topic #3 - Making an Offer on a House Wisely 1. 12:45 - Writing the Your Offer! 2. 13:34 - Financing Considerations 3. 14:26 - Earnest Money Deposit aka Good Faith Deposit 4. 15:32 - Inspection Periods aka Buyer Due Diligence 5. 16:35 - Negotiating Home Repairs 6. 18:03 - Your Down Payment 7. 18:38 - Buyer Closing Costs 8. 20:47 - Title & Lender Policies 9. 21:05 - Closing Time frame and date of Possession 10. 22:20 - Contingencies Share your favorite part of this video and your savvy making an offer on a house tips with us in the comments section below. Thank you! If you want help finding one of the best real estate agents in the nation, a CRS please let me know. I'm here to help! Want to know more about Las Vegas real estate negotiation, Las Vegas real estate, or buying a house in Las Vegas? Send me a message. I'm happy to help. Thank you for watching! =) Enjoy an amazing day! -Your Real Estate Geek, Andrew Finney Contact info: Andrew Finney USMC Combat Veteran/ Trusted Real Estate Advisor License #S.0173260 Las Vegas Realtor Call/ Text: 702-710-0287 Email: [email protected] https://www.andrewfinneyteam.com/ BHHS, Nevada Properties 7475 W. Sahara Ave. Suite 100 Las Vegas, NV 89117 Designations- Certified Residential Specialist (CRS) Accredited Buyer's Representative (ABR) Sellers Representative Specialist (SRS) Certifications- Military Relocation Professional (MRP) Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: https://www.youtube.com/watch?v=q1ULJ92aldE Download this track for FREE: http://bit.ly/SynColeFeelGoodDL
Views: 5427 Andrew Finney Team
Tom Slay explains several factors in determining how to arrive at how much to offer when buying a home. It is not a set percentage that is set in stone with a home purchase. In this short video Tom explains the factors that will help you determine the right price for a home. The following link is Tom's video explaining Earnest Money. https://youtu.be/LFE4eqaiNVw
Views: 2892 Tom Slay
Brad Anderson, REALTOR with RE/MAX Peninsula shares his advice on what to do when you receive an offer on your house, even a low offer.
Views: 124 Brad Anderson
The seller has accepted your offer. Now what? We walk you through the steps you should take before you move in, including selecting an escrow agent or title company, satisfying contingencies, inspecting the home, clearing the title and taking a final walk-through.
Views: 2781 Jason Opland
The property experts take you through the process of making an offer to buy a house that you've fallen in love with. Video Transcript: Presenter: Welcome back. This is your feel-good breakfast espresso on SABC 3 as we continue in our series of Private Property, learning all about what it takes to be a first time home buyer, especially once you've made that very crucial and critical offer. Along with Private Property, we are experiencing the process of buying a home. Being Valentine's Day, we thought we would romanticize about making that big offer on your future home. But as with any big purchase, there are a few things to consider. That's why we have Simon Bray on the couch to help us out. Simon, how are you? Simon Bray: Very good. Happy Valentine's Day, Zoe. Happy Valentine's Day to you, too. We are talking about making that big offer on a home that you love. Is there anything we need to keep in mind before making that big offer? Simon Bray: Well, making the offer to purchase is the biggest step you're going to make in this property process. It's the binding contract between buyer and seller. So you've got to be absolutely sure. You've fallen in love with the property, but this is now getting married to the property. So it's worth testing the commute times between work and school, understanding what the neighborhood really has to offer, perhaps talking to a couple of neighbors. And if you're absolutely sure, then take the plunge. Take the plunge. Now you mentioned a binding contract. How can I ensure that when I went and viewed the home that all the fixtures and all the things that I saw, like the finishes, remains in the house because that's essentially what made you do the final decision as well? Simon Bray: Absolutely. I think when you see the house on a show day or by appointment and you're walking around, you just assume that everything you're seeing is part of the contract, part of the deal. Sometimes there's disagreements between buyers and sellers about what's a fixture, what's permanent, and what's not. A great example would be curtain rails. The curtain rail itself is screwed into the wall. It's part of the property. It's a fixture. It should stay. The curtains, well, that's up to the seller. They could take those when they leave. But all of that can be done through agreement. So it's worth going through the property itself, having a discussion with the agent or with the seller directly and saying, "You know, what are the items that are staying and what are the items that are going?" And then that minimizes any of that kind of conflict. I think that discussion point is very important. But when we come to the price, I think, are we allowed to have a discussion around that as well? Can we give an offer that's less than the value of the house? Simon Bray: Absolutely. Property in South Africa is all about that game of buying at the best price and the seller getting the best price that they can. So you can certainly offer less than the seller is asking. Offer too little and the seller's going to get upset and you might lose the deal entirely. But it is worth negotiating on price. It's certainly something that you want to meet in the middle and both feel like you've done a tough deal. Now is it possible to change your mind once you've made an offer? Simon Bray: That's a great question. You sign this offer to purchase, you get all the excitement, and then you wake up the next morning and you're like, "What have I done? Is this the right call?" There is a cooling offer period for property below 250,000 rand. That basically means that if you've signed a deal on a really cheap property and it's not the one for you, you can walk away from that deal within a certain period of time. But it doesn't apply to properties more than 250,000. So you really have to be sure when you sign that deal because if you meet all the expensive conditions and that contract goes ahead, well then it's binding and you actually have to purchase the property. You have to. So you need to be absolutely sure before signing that offer. Well, Simon thank you for sharing those tips with us. And I hope that you were able to get some insight into making an offer that has helped you to take that one step closer to buying your first home. Don't forget to also go to privateproperty.co.za and answer the question posted there to stand a chance of winning a 20,000-rand voucher to spend at a store of your choice. You will also find all the T's and C's and information there. Whether it's your first apartment in the city, a trendy suburban townhouse, or that dream family home on the golf estate, there's a home for everyone on Private Property. Find out more here: https://www.privateproperty.co.za/advice/property-tv/articles/episode-13-how-to-make-an-offer-to-purchase-on-a-home-you-love/5344
Views: 247 Private Property
This free online home buying course is great for first time home buyers or for home buyers that just need a refresher on the process. Learn how to make an offer on a house! Visit http://www.charlestonpropertyshop.com/ and search all MLS listings in the Charleston SC area. Free foreclosure list for Charleston SC area.
Views: 23333 CharlestonPropertyShop.com
In today's home buying tips episode you'll learn how to make an offer on your first home! Buying a house is very exciting and when it comes time to pen to paper you'll want to know all you can about how to make an appropriate offer on a home. The chances that your savvy trusted real estate advisor reviewed your how to buy a house steps with you are very high, if you attended a buyer consultation (MASSIVE BUYING A HOME PRO TIP!!!) meeting prior to looking a single property. If so, then you're well on your way to to making an offer on a home. Just in case, you're simply learning all the home buying tips you can now or weren't given the scoop on how to make an offer on a home, this video is for you! Doesn't matter if you're a first time home buyer or a seasoned homebuyer. You'll this simple to understand easy to follow video. **PRO TIP: Watch the full video to increase your homebuying success!** Share your favorite part of this video in the comments below along with your how to write an offer tips. Thank you! If you want help finding one of the best real estate agents in the nation, a CRS please let me know. I'm here to help! Want to know more about being a first time home buyer Las Vegas and ways to be be successful? Send me a message. I'm happy to help. Thank you for watching! =) Enjoy an amazing day! -Your Real Estate Geek, Andrew Finney Contact info: Andrew Finney USMC Combat Veteran/ Real Estate Consultant License #S.0173260 Call/ Text: 702-710-0287 Email: [email protected] http://www.yournewvegashome.com/ BHHS, Nevada Properties 7475 W. Sahara Ave. Suite 100 Las Vegas, NV 89117 Designations- Certified Residential Specialist (CRS) Accredited Buyer's Representative (ABR) Sellers Representative Specialist (SRS) Certifications- Military Relocation Professional (MRP) Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: https://www.youtube.com/watch?v=q1ULJ92aldE Download this track for FREE: http://bit.ly/SynColeFeelGoodDL
Views: 1246 Andrew Finney Team
Writing an Offer 1:33 - Purchase Agreement, important dates 4:21 - How to write a strong offer in a sellers market 7:15 - How to we handle a low ball offer 7:59 - Preparing buyers for a counter offer 8:42 - Counter Offers 9:26 - Task List while writing an offer
Views: 16059 Keller Williams Greater Cleveland Training
Learn the basics of writing and submitting an offer on a home you are ready to buy. We want to help you on your way to buying your own piece of real estate. Learn more about how to buy a home and other real estate tips: https://www.realtor.com/homebuying/ #HomeBuying101 -~-~~-~~~-~~-~- Learn More about the home buying process: "Home Buying 101: How Do I Get Started?" https://www.youtube.com/watch?v=zqZI4ZvjcRM -~-~~-~~~-~~-~- #realtor #realestate
Views: 27543 realtor.com
How Make An Offer To Buy A House. Real Estate Questions? Call or Text Oliver Now 760 237 8006 or go to http://www.BigBlockRealty.com/contact San Diego Real Estate Professional gives all tips you need to Make an offer to buy a house. Get Instant Real Estate Help Call or text us: 760 237 8006 San Diego Real Estate Agents and Local San Diego Real Estate Experts Oliver Graf and Sam Khorramian talk about "how to make an offer" in this episode of buy a house Real Estate Tips. In this video we'll discuss: - If you've found a house that you want to buy, you'll need to make your seller an offer. Find out how to write a thoughtful real estate offer letter - Determine the price. The purchase offer should clearly state how much you're willing to pay for the property. - Legal Description - Tips for Writing Winning Purchase Offers even in a Seller's Market. - Your earnest money deposit - Financing terms - Choose your escrow period - Move in terms - When do you get the keys - Writing an offer letter is an important step - Response Time - Offer Price - How to write an offer to purchase a house (that stands out and wins) - Fully executed contract Sam Khorramian and Oliver Graf help countless buyers and sellers make offers on Real Estate all over San Diego. Sam is based in Downtown San Diego and Oliver is on the beach in Oceanside. Together this powerful duo service's all Coastal San Diego Real Estate From: Downtown San Diego Real Estate, La Jolla Real Estate, Del Mar Real Estate, Encinitas Real Estate, Carmel Valley Real Estate, Rancho Santa Fe Real Estate, Point Loma Real Estate, Oceanside Real Estate, Carlsbad Real Estate, San Marcos Real Estate, Cardiff Real Estate, La Costa Real Estate, Solana Beach Real Estate, Little Italy Real Estate. There are different versions of writing an offer that make sense depending on whether you're buying new construction, short sale, bank owned property, rural property, etc. As your Buyer's Agents we will help you figure out which one is right for you Take a look at more tips on How to make an offer to buy a house: http://bigblockrealty.com/understanding-the-process-of-buying-a-home-part-1 When Buying Real Estate in San Diego or anywhere else, you want to make sure that you write a good strong offer, while at the same time making sure you don't over pay. Some things you want to think about when putting in an offer to buy real estate. - Consider Market Conditions in Your Market and Submarket - Determine what price you are willing to pay - Figure out your highest and best price for the offer - Outline exactly what you want from the seller. - Choose your "escrow period" and closing date - Outline contingencies Then get ready to negotiate! Oliver and Sam are Internationally recognized real estate speakers that are based here in San Diego. They are the obvious choice when looking for help in the San Diego Real Estate Market or finding a San Diego Real Estate agent! Being expert negotiators gives them the ability to consistently get the best deals for all their clients when buying San Diego Real Estate. Call us and we can help you make an offer to buy a house all over San Diego. Browse San Diego Real Estate, Homes for Sale in San Diego, Free Search Tool Here: http://www.BigBlockRealty.com/buy Find... Real Estate in San Diego Real Estate in Little Italy Oceanside Real Estate Carlsbad Real Estate La Costa Real Estate Leucadia Real Estate Encinitas Real Estate Cardiff Real Estate Solana Beach Real Estate Del Mar Real Estate Rancho Santa Fe Real Estate La Jolla Real Estate Buy Real Estate Make an offer Real Estate Real Estate in Oceanside Real Estate in Carlsbad Real Estate in Encinitas Real Estate in Solana Beach Real Estate in Del Mar Real Estate in La Jolla Real Estate in Rancho Santa Fe San Diego Real Estate, contact Oliver now for help: Call now: 760. 237. 8006. or Direct: http://www.ThinkOG.com Take a look at some of my other videos... La Jolla Realtor Tour "La Jolla Shores Tower" Realtor Condo tour La Jolla - Real Estate Agent http://www.youtube.com/watch?v=FDuZo5m9jno Oceanside Real Estate Virtual Tour by Oceanside Real Estate Agent Realtor http://www.youtube.com/watch?v=mbAeyL1HaG8 Carlsbad Real Estate Virtual Tour by Carlsbad Real Estate Agent Realtor http://www.youtube.com/watch?v=oq310GJrJA8 San Diego Real Estate Agent Oliver, contact me now for help: Call now: 760. 237. 8006 or Contact Me Direct: http://www.BigBlockRealty.com/contact Thanks for watching! Contact me anytime, Oliver Graf Big Block Realty San Diego Realtor: #01832028 http://www.BigBlockRealty.com Premium Service, Proven Results! Disclaimer: This video is for entertainment purposes only San Diego Real Estate, Call Oliver now for a free list of local homes for sale, San Diego Real Estate. Let us know if you have any questions on how to make an offer to buy real estate.
Views: 9833 olivergraf360
In today's home buying tips video you'll learn what to do when a home seller rejects your offer. Hopefully this won't happen to you but if the real estate offer negotiation falls apart, you'll need to be take the next step to find another home. Offering less on a home in a seller's market if the house is priced right can lead to a rejection. Though it is far more common to expect the real estate negotiation to move towards counter offering on a home. If you want to avoid wondering why was my offer rejected questions lingering in your mind, you may want to consider offering full price on a home. However, this can come with it's own perils. For instance, what if the home is truly over priced? You may experience home appraisal issues. It's best to ask your trusted real estate advisor to check the comparable home sales when making an offer. Then you'll be well prepared to know how to make a reasonable offer on a home. Here's the 5 tips in today's video for your next real estate negotiations strategy: 1. Make a great offer 2. Keep searching until your offer is accepted 3. Consider lessons learned in from your last offer experience 4. Don't bother playing psychiatrist, you'll go insane! 5. Sometimes you are are your own worst enemy What advice do you have to about how to make an offer on a home? Tell us in the comments section below. Have a question? Please feel free to share them in the comments section below or send me a message. If you want help finding one of the best real estate agents in the nation, a CRS please let me know. I'm here to help! Want more info about how to buy a house or simply want to know more about Las Vegas real estate, please let me know. I'm happy to help. Thank you for watching! =) Enjoy an amazing day! -Your Real Estate Geek, Andrew Finney Contact info: Andrew Finney USMC Combat Veteran/ Real Estate Consultant License #S.0173260 Call/ Text: 702-710-0287 Email: [email protected] http://www.yournewvegashome.com/ BHHS, Nevada Properties 7475 W. Sahara Ave. Suite 100 Las Vegas, NV 89117 Designations- Certified Residential Specialist (CRS) Accredited Buyer's Representative (ABR) Sellers Representative Specialist (SRS) Certifications- Military Relocation Professional (MRP) Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: https://www.youtube.com/watch?v=q1ULJ92aldE Download this track for FREE: http://bit.ly/SynColeFeelGoodDL
Views: 7224 Andrew Finney Team
Camera i use: https://amzn.to/2AL1iYX My Drone: https://amzn.to/2Xv4Loa Tripod: https://amzn.to/2SPvZmF Pre-workout: https://amzn.to/2SndOok Robinhood free trading platform + 1 free share of a stock https://share.robinhood.com/sams849 Airbnb - $40 off your first booking https://abnb.me/e/mHLxQx0y8U Social Instagram: https://www.instagram.com/sam.stolt/ Facebook: https://www.facebook.com/Stolt-458172077594228/ Twitter: https://twitter.com/samastolt LinkedIn: https://www.linkedin.com/in/samstolt/ Articles: https://email@example.com Youtube: https://www.youtube.com/stoltfitness Property owner turned down my $35k offer to purchase his house
Views: 45 Stolt
Can You Withdraw an Offer on a House? https://www.hauseit.com/can-you-withdraw-an-offer-on-a-house/ Save Money with a Hauseit Buyer Closing Credit: https://www.hauseit.com/hauseit-buyer-closing-credit-nyc/ Yes, you can withdraw an offer on a house at any time before purchase contracts have been signed. However, you should be very careful about signing any sort of offer letter or form because doing so may enable a counter-party to sue you if you back out of an accepted offer. When is it too late to withdraw an offer? It becomes too late to withdraw an offer after you have signed a contract of sale and delivered an earnest money check to the seller’s attorney. The seller could counter-sign the contract at any point and deposit your contract deposit into the seller’s attorney’s escrow account. Generally speaking, once the seller has counter-signed the contract and returned the fully executed contract to the buyer’s attorney, the listing is considered to be in-contract and binding on all parties. However, please note that some buyers’ attorneys will try to be clever and include language that says the contract will only be considered to be fully executed and binding once the buyer’s attorney has confirmed in writing receipt of a fully executed contract. If this type of language is agreed upon, then technically the buyer would be the last to act vs the seller, and the buyer could technically still withdraw an offer by instructing his or her attorney to say that they never received the fully signed contract. We’ll explain in the following section why this is a bad idea, and why you should never sign anything if you don’t intend to follow through in good faith. Pro Tip: You can increase your negotiating leverage by making an all cash offer instead of an offer which relies on financing. An all cash offer by default contains no contingencies, and as a result the assuredness of execution may enable you to negotiate a price discount. What if you signed an offer form? If you signed an offer form or letter of intent, then you have put yourself in a precarious situation and may be sued if you don’t follow through. You should immediately protest to the broker that you have been tricked into signing something that wasn’t necessary to be signed. For example, in New York offers are generally emailed and are completely non-binding. There is never any need for a buyer or a seller to sign anything when it comes to the offer submission and negotiation process. However, some brokers do have their own offer submission forms and templates, and you should push back hard should you ever come across such a form that requires your signature. Ask to speak with their principal broker if the listing agent demands that you sign what should be a completely non-binding offer. You can even warn them about the unauthorized practice of law in some states like New York. This is serious because even though offers are generally not binding in most states like New York, whether they be written or verbally made, there is legal precedence where courts ruled that offers were indeed binding when signed and when it included common contract language. As a result, you should never sign any sort of offer form or letter of intent, especially if you want the ability to withdraw your offer before having signed a formal contract of sale. Pro Tip: In Massachusetts, courts ruled in McCarthy vs Tobin that because both the seller and the buyer had signed a standard offer to purchase form from the local Realtor association which included common contract language, the accepted offer was binding. Can you re-negotiate an offer? Yes, you can re-negotiate an offer instead of withdrawing it if you’re still interested in buying the property, but just on different terms. In fact, it’s quite common for buyers to attempt to negotiate after inspection but before signing a contract. Often times, buyers will lure a sellers into a false sense of security by getting an attractive offer accepted. Then the buyer will hem and haw and take up as much of the seller’s precious marketing timeline as possible. Then, at the last possible moment, the buyer will attempt to re-negotiate the deal. The buyer will tell the seller that they’re ready to sign the contract ASAP since they’ve finished all of their due diligence, but just need this one concession from the seller. The seller will be frustrated at having wasted all of this time with the buyer, and may actually agree to the concession since the buyer is ready to sign.
Views: 202 Hauseit
🏡💲📃 You finally found the home you've been dreaming of and you cannot wait to put in an offer to buy. But how do you determine what the true value of the home is worth? Do you take the seller's word and offer asking price? Or is it better to always undercut the listing price by 10%? This is an interesting topic, as it seems everyone has an opinion on how to buy a house. Many make the mistake of using a "one size fits all" approach. This is outdated advice. Before you write down a price, get with your agent and have them pull some "comps." This will help you get an idea of the true value of your target home. Other indicators like "days on market" and the "sales price/list price ratio" also will give helpful insight in determining if the seller is listing their home too high, too low, or at market value. Be sure to ask your agent to talk to the seller agent and try to determine the seller's motivation for selling. Do they need to unload the property immediately, or are they trying a wait and see approach. This will give helpful information that a buyer can exploit if done properly. Perhaps more important than the seller is other buyers. Buyer competition is something you need to be aware of. If the home appears priced reasonably, you can bet another buyer is looking at it too. It may be best to act quickly and present a strong offer to the seller. This approach may prevent a multiple offer situation that would otherwise inevitably happen if you were to try to get the home several thousand under list price. Other buyers may make the same mistake, but if you come out strong and fast you can beat them to the punch and the seller will accept your offer before even receiving others. How bad do you want this home? It is wise to determine what your absolute final and highest amount is BEFORE you present your first offer to purchase. Then the hard part... stick to that number. You do not want your emotions running your wallet here. If not managed, you can easily overspend by thousands of dollars. Lastly, a quick thought from me on the art of negotiating. Too many people thing of negotiating as a competition. It is not. Negotiations are just tools to help two parties get what they need. A seller needs to sell a house. A buyer needs to buy a house. It is that simple. Unfortunately many people try to nickel and dime the other to a point of contention, causing a lot of anger, grief, and stress. It doesn't need to be this way. Instead of trying get a bigger piece of the pie, work together with the seller so that both of you have a big piece of the pie. Cheesy, I know. But very true. Go in with an attitude of wanting to work together and I guarantee you'll have an easier less stressful time. Leave your thoughts and feedback in the comments below! Please share this video! Consider subscribing if your new here! I put these out weekly and I hope to increase that number in the future, so subscribing and hitting that bell notification is a great way to keep current on all my new content! Thanks again for your time to watch this video! I truly appreciate it! See you in the next one! Twitter https://twitter.com/jessenicholas Instagram https://www.instagram.com/jessednicholas Facebook https://www.facebook.com/jessednicholas Song Used: Muhammad Ali by ProleteR Check out his ProletR's music at these sites! Youtube: https://www.youtube.com/channel/UC08NVDi0tgVdM6YxHoBPTTw Bandcamp: https://proleter.bandcamp.com/music writing an offer to purchase, writing a offer to purchase, writing an offer to buy, writing an offer to buy, buying a house, selling a house, how to buy a house, how to buy a home, buying a home, how to write a contract to buy a house, how to write a contract to buy a home, jesse nicholas, sibcy cline, real estate agent, realtor, cincinnati, cincinnati real estate agent, cincinnati realtor, ohio real estate agent, ohio realtor
Views: 40 Jesse Nicholas
https://MetroAtlantaHome.com - Important information on the initial offer process and negotiating terms of the sale. Working closely with your agent to evaluate all aspects of the offer to purchase a home is key. Your agent should determine the value of a home based on comparable properties, allowing for an understanding of the market in that area. Your offer may be met with a counter offer from the Seller and negotiations on all aspects of the sale may follow. Once ALL parties agree to ALL terms in writing, a contract is formed and contingency periods begin. Buyer’s Guide Episodes: 1. Getting Started - https://youtu.be/wjnioa8g8r4 2. Loan Pre-Approval - https://youtu.be/4AAPhevIYec 3. Searching Homes - https://youtu.be/yXZ8BICdQfs 4. Making An Offer - CURRENT 5. Getting To Closing - https://youtu.be/Gki6h7KxlBc Video Transcript: When it is time to make an offer, you should work closely with your real estate agent to determine an initial offer that is reasonable based on comparables in the area. Some buyers think they should simply offer a certain percentage below list price. Maybe they have done some research and found that homes are selling for 80% of their list price. Taking this approach could cost you because you are assuming the listing agent accurately priced the home a certain percentage above market value in the first place. You could be making an offer much higher than you should simply because the home was priced way too high to begin with. On the other hand, if the agent has the home priced fairly and at market value, your offer may be way too low and could offend the seller. In the meantime, a more reasonable offer could be accepted and you lose a chance at your perfect home. So how do you know what to offer? Have your real estate agent conduct a comparable market analysis to determine what the home should sell for. You can then use this information to make an offer. How much lower you offer usually depends on how badly you want the home and whether or not other buyers have their eyes on the home as well. When it comes time to write the offer, your agent will prepare all the necessary forms for you to sign. I suggest using an agent with access to the latest Georgia Association of REALTORs (GAR) forms. The Georgia Association of REALTORs has created forms that address nearly every situation that may arise in the real estate transaction. I have another video that addresses this topic specifically called, Why use a Realtor in 2012, check it out if you get a chance. Anyways, the primary forms you will be using for your offer include a agency agreement, if you haven't signed one already, the purchase and sale agreement, property disclosures, and financing contingencies to name a few. Ask your agent for sample copies of these forms in advance so you can get familiar with some of the standard verbiage. This way you can focus more on the specific terms of your offer when the time comes to make one. When making or negotiating an offer, you should consider all the terms of the agreement as a whole instead of focusing solely on the sale price. Incentives like closing costs, home warranties, surveys, termite letters, appliances, and upgrades paid for by the seller can add value to your side of the deal. Also, things such as the closing date, seller financing, and contingency periods can be negotiated to save you time and money. Typically, both sides will have to compromise on some things, but ultimately, both sides get what they want; a seller sells their house and a buyer buys a home. Remember, after a contract is agreed on, there could still be some negotiating going on down the road. Buyers typically have a due diligence period where they have the option to get the home inspected. If issues come up during the inspection, an additional round of negotiations may ensue. Another thing to keep in mind, if you the buyer are plan on getting a loan, the home must at least appraise for the contract price or more. If it doesn't, you will need to come out of pocket for the difference or have the seller lower their sale price for the sale to happen. This video brought to you by: Better Homes and Gardens Real Estate Metro Brokers KYLE EAVES, REALTOR® ePro I Green I SFR I SRES 4073 Lavista Rd, Suite 373 Atlanta, GA. 30084 404.843.2500 (Office) 404.513.5987 (Cell) [email protected]
Views: 3854 Metro Atlanta Home Group
tj goes over the home buying offer to purchase for wisconsin. in the video tj vitense of the strategic real estate team covers some of the important parts of the wisconsin residential offer to purchase. visit us on the web at www.strategicrealestateteam.com
Views: 3424 StrategicREteam
http://www.HampdenCountyHomes.com Hi Don Thompson, your local real estate expert advisor, back again to talk about making an offer. So to quickly recap, you’ve gotten pre approved for financing, you searched for your next home, you found and now you want to make an offer. Consulting with your broker advisor, you will want to develop a basic strategy. This will include the price you’re willing to pay, how much of a deposit or earnest money you want to put down, is there any personal property you want included, what repairs do you want to be made to the property, what other contingencies, like inspections, mortgage, closing cost credits, do you want to include and finally when do you want to close. You can see it’s not just making a low offer and seeing of the seller will accept. This is where an experienced broker advisor can be of immense help. In the end the lowest price may not be the best deal for you if you’re not able to negotiate any of the other terms. So where do we begin. I know most people like to go right to price but let’s talk about some of the other terms first. How much of a deposit do you want to put down? This is the money that the listing broker holds for the seller to take the house off the market. Contract law say it has to be “consideration” so it can be a lot or a little. The seller’s perception is however, the more you put down the more serious you are. What personal property would you like to include, stoves, refrigerators, washer and dryers, lawnmowers etc are all personal property to ask for if you want. If you or your broker advisor were to notice that there is, what I like to call a physical deficiency, that you would like fixed and if the seller wouldn’t fix you don’t want to buy then you should ask for it in the offer and not wait for the inspector to tell you it should be repaired because the seller does not have to fix it just because the inspector said… That leads us to the inspection contingency giving you the right to do inspections and allowing you to back out of the deal and get your deposit back if you are unhappy with any results of the inspection. Just to say, The seller is not obligated to do any repairs unless you have negotiated them as part of the offer, Your right is to back out. On a practical note we may try to negotiate more repairs. There are a lot of inspections to consider, structural/mechanical, termite, radon, lead, asbestos. Some may be more important to you than others. If you’re getting financing, there’s a mortgage contingency. You’ve been pre-approved, but you will need to make a formal application including the property which must be approved as well. I will talk about this process in another video. But if for some reason you could not get a mortgage you could back out and get your deposit back. The conditions for all this are explained in this paragraph. Then you can ask for anything else that you want to happen, closing cost credit and any other condition you want to be met. You decide on an appropriate closing date and then.. Determine a price that you want to offer. And you can be as aggressive as you like. Now, an Aggressive offer can be a little or a lot lower than asking price, but it can also be higher than the asking price. especially, if the property is priced right, in good condition and will be in high demand. This is where your broker advisor should be able to assist you. Ultimately, who sets the price that a house sells for? If you answered the seller you’re half right, the buyer’ that’s the other half. It takes the seller and the buyer to come to a meeting of the minds to determine the sales price. Depending on the situation, you may go back and forth with your negotiations until that meeting of the minds is reached. In some cases, however, because of competition for the property you may be asked to give your highest and best offer in which case you may not be able to get another chance and you’ll just have to give it your best shot. So Let’s say we’ve got a deal...now what That will be the topic of my next video, so look for that next email. If you have any specific questions you want to ask me, cal or text me at 413.221.9981 or respond to this email and I will get back to you right away. Thanks and have a great day.
Views: 3852 WesternMARealEstate
How do Realtors & Real Estate Agents Submit an Offer on a Home? What does that process look like? Are you getting anything negotiated into the deal when you decide to submit your offer to purchase a property? RE/MAX Alliance Agent Natalie (Negotiator) Carrado is your girl! Sell or Buy Your Next Home using Living Denver! www.LivingDenver.com
Views: 10287 LivingDenver
This video may be super long but its definitely worth the watch if you are about to sign an offer to purchase for the first time or if it has been a few years since you last purchased a home (since the contract changes almost yearly). When purchasing a home it is important to understand what you are signing. You need to not only know the high level items of purchase price and closing date but other items such as how to get out of a contract and what items convey with the purchase of a home. Ten years ago when I first received my license the contract was about seven pages long and now we are at 13 pages! Ashley Jamerson, licensed NC Realtor since 2006. Start your Home Search: www.CharlottesBestRealEstate.com Down Payment Assistance Programs in Charlotte/NC: www.CharlottesBestRealEstate.com/loan-programs Facebook: www.Facebook.com/AshleyJamersonRealtor Instagram: AsheTheRealtor Email: [email protected]
Views: 2363 AsheTheRealtor
Today, we're talking about home offer contingencies, which is the second set of contract terms that make up the offer as a whole. Contingencies are contractual caveats, or “out clauses” that represent some form of risk to the seller, but can also protect you the buyer. Watch the video so I can provide you with specifics! _______________________________________________________________ I'm a full-time Realtor in Charleston, SC. I grew up in West Ashley, and entered the eye opening experience of the U.S. Marine Corps, which was the beginning of my being away from the Holy City for quite a few years, but I’m back to the lowcountry I love. I have two adult sons who live in Seattle, which is where my wife and I moved here from. I always said I wouldn’t own a Chihuahua, and I now own a Chihuahua who has me wrapped around her little paw. Never say never. CONNECT WITH ME! 📧 Email: [email protected] 📱 Mobile: (843) 779-5994 🌐 My Website: https://smoakhouse.net 🔍Search for Properties: http://jimsmoakrealestate.com 👍 Facebook: https://www.facebook.com/jimsmoakrealtor 📷 Instagram: www.instagram.com/jsmoak 📃 Linked In: https://www.linkedin.com/in/jsmoak
Views: 90 Jim Smoak
In this video, we'll cover 5 simple steps so you can learn how to make an offer on a house without a realtor. From negotiating with sellers to knowing how to crunch numbers, craft up and present and offer (and get it accepted), this video will help you close that for yourself! If you liked this video, you'll love this one: https://youtu.be/ZSCM05EGLVM IF YOU THINK THIS VIDEO CAN HELP SOMEONE ELSE, PLEASE SHARE AND SUBSCRIBE TO OUR CHANNEL :) My name is Matt Theriault. When aspiring, frustrated investors are stuck in the proverbial “rat race,” they come to me. I help these people create passive income through creative real estate investing strategies so their money can work harder for them than they do for it, resulting in ultimate financial independence. P.S. Whenever you're ready, here are a couple of ways I can help... If you’d like to do deals and build wealth, check in here for weekly episodes and subscribe to our podcast at http://epicrealestateinvesting.com – We give it all away for free and hold nothing back. If You'd Like to Go FASTER in Your REI Business, Go To https://REIACE.com OR Text "FAST" to (505) 605-6065
Views: 857 Epic Real Estate Investing
You've put an offer in on a home and the seller agrees. You're all set and the appraisal comes back... and it's lower than the offer. What happens now? Do you still have a chance to buy your home? This is discussed by Quicken Loans, the National Association of REALTORS, and TSI Appraisal during a First-Time Home Buyer Q&A Google Hangout. If you have any questions, please send to [email protected] or on Twitter using #HomeBuyerChat.
Views: 5041 Quicken Loans
When making your offer to purchase on a bank owned property, it's a good idea to use the purchase and sales contract from the realtor. By using your states purchase and sales agreement, you know that it has everything in it to comply with your states laws. Plus you can lean on your real estate agent for help in filling it out and then they can submit it to the bank. That's what they are there for and they would be more than happy to help. One advantage of using me as your funding partner is that you can make all cash offers. People and especially banks love to see all cash offers. However, in some cases they want hard proof or bank statements backing up the cash offer. So you may have to change your offer from all cash to pre-approved. By doing this, the bank will not want to see the cash in your account. By going this route they may ask for a lower earnest money deposit too. Contingencies are one of those things you have to be very careful about. Too many contingencies can cause you to lose a deal. Some of these contingencies might include subject to financing, partners approval, inspections, etc. With earnest money on banks, typically they want $100 - $500 earnest money. Some realtors may tell you other wise. Here's a little secret... if you are making multiple offers, this can be a lot of money you have shell out. Well instead make it so your earnest money is due within 48 hours of acceptance. This way you only have to deposit money if the offer is accepted. The addendum will be specific to the lender and your state. Usually it contains important information about the sale of the property. Every property you buy from the bank will have an addendum so get familiar with it. If you don't understand it, ask the agent to help you. As far as being assignable, the answer is NO! This is one of the main differences between buying from a bank vs. buying from a private seller. Banks don't do assignments because they want to deal direct with the buyer and know that they will close on the property. Proof of funds is important these days. If you are one of my students, then you have access to my proof of funds and transactional funding. Banks are now on to bogus proof of funds letters so it's important to have someone you can trust to back you up on all your deals.
Views: 7293 Cameron Dunlap
Find an Endorsed Local Provider in your area to help with real-estate! https://goo.gl/Erj53Z Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 1115875 The Dave Ramsey Show
Can a seller back out after accepting an offer, a very frustrated buyer asked their real estate agent. Before the real estate agent could answer, the buyer yelled the seller backing out is breaking a contract we agreed to, what's the real estate contract law governing escape clause the buyer demanded!? Whew... Yes, a seller backing out of house sale before closing is very frustrating and indeed is breaking a transaction. Depending on the reasons why the seller backing out may ultimately depend upon whether they can or not. At the end of the day it is very hard to force a seller to sell their home. A few of the most common reasons a seller back out of real estate contract is: 1. They think they could've got a better price. 2. They appraisal came in too low. 3. Practical reasons like they lost their job, the job transfer didn't go through, they were diagnosed with cancer, or possibly they were selling their home contingent upon buying another it fell apart. 4. Probably the most common reason is simply cold feet. Although buyer's remorse is far more common than sellers remorse, it does happen. A seller may get cold feet due to the strong emotional attachment they may have with their home. In such a case, it's best for the seller to remember the reasons they wanted to seller their home to begin with and to reexamine their home selling motivations. Just like buying a home, selling a home is a big life change. Change means different things to various people. Most everyone could agree that with change comes a certain amount of anxiety and fear. As long we remain clear on why we are doing something, in this case, selling a house, then everything will work out for the best. Real estate contract law on the other hand is best discussed with a real estate attorney. While your trusted real estate adviser can answer many questions and offer guidance, if you want sue the seller, you will need a real estate attorney. Just be aware it is very difficult to force anyone out of their home and may not be worth the aggravation and cost. It's up to you. The sale contract the seller and buyer agree to is a key consideration. Did the seller disclose that they were selling their home contingent upon buying their new home? If so, the buyer should've known this upfront before submitting an offer and should take a seller backing out of escrow in stride. In a case the seller withdraw from closing, the seller needs to be prepared to return the buyers earnest money deposit, cost of the home inspection, appraisal, and perhaps even storage for the buyers, and perhaps some temporary housing costs. It all comes down to what was in the sales contract and any other addenda to the contract that were agreed upon. Obviously, this a situation no one wants to find themselves in yet it does happen. Today's real estate advice video about this to light so you can be better prepared. If you want to know more about how a seller can back out of a contract, or have ideas for more real estate advice videos, please let me know. Want to know more about the Las Vegas real estate market trends? Send me a message, I'm here to help! Enjoy an amazing day! -Your Real Estate Geek, Andrew Finney Contact info: Andrew Finney USMC Combat Veteran/ Real Estate Consultant License #S.0173260 Call/ Text: 702-710-0287 Email: [email protected] http://www.andrewfinneyteam.com/Home BHHS, Nevada Properties 7475 W. Sahara Ave. Suite 100 Las Vegas, NV 89117 Designations- Certified Residential Specialist (CRS) Accredited Buyer's Representative (ABR) Sellers Representative Specialist (SRS) Certifications- Military Relocation Professional (MRP) Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: https://www.youtube.com/watch?v=q1ULJ92aldE Download this track for FREE: http://bit.ly/SynColeFeelGoodDL
Views: 8486 Andrew Finney Team
Let's go through the 5 forms needed to make an offer on a home in Pennsylvania: -Preapproval -Consumer Notice -Buyer Financial Information Sheet -Seller's Disclosure -Agreement of Sale. A brief description of each form and then a brief overview of going under contract. You can see more on a blog I did at: https://lauralaws.com/2015/02/12/home-buying-part-1/ If you are looking to buy or sell a home in the Southwest suburbs of Philadelphia you can contact me at [email protected] or find me at LauraLaws.com. Thanks for watching!
Views: 2395 Laura Laws Realtor
Hey There! 👋🏾I've gotten several repeat questions on what happens after my offer is accepted as a buyer? ************ I've been getting a ton of questions about, "Okay Sonia, now my offer's accepted. Now what? So what happens?" So there's a couple of things that happen. Number one is you have to deposit earnest money. Earnest money is part of your deposit. Typically it's given within 24 hours of whatever is actually put onto the contract, sometimes it's three days, after the seller actually signs off on the contract and puts a solid date on there. So after that, that's when you have to deposit earnest money. Now earnest money is typically anywhere between one to three percent of purchase price, but it all depends. Your realtor might be telling you a little different, maybe it's a ... It just depends on purchase price honestly, or whatever's negotiated between the buyer and the seller. The second thing is, and this actually happens simultaneously, which is attorney review period and also home inspection. Attorney review period just really means that your attorney is figuring out whether or not there is a judgment on title, a tax lien, it could be a $30,000 tax lien or something. That is going on while you as home buyer are doing your home inspection. A home inspector is going to give you like this 30 page report and then you discuss that 30 page report with your attorney. So all this is going on after your offer gets accepted. So you trade earnest money, your attorney tells you, "Title's all clear and clean. There's nothing clogging the title." Also, your home inspection came back, you guys do some new negotiating on repairs et cetera, and then the loan happens. So then you talk to your loan officer, the loan officer says, "Okay, we're good." And then you close. So really that's what happens. So it's like you give earnest money right away and then simultaneously home inspection and attorney review period, and then it's loan process, clear to close and then we're done. And don't forget, like and subscribe. Woo woo. You can also follow me on these other media channels *** Website: http://www.seesonia.com *** Facebook: http://bit.ly/SoniaFacebook *** Instagram: http://bit.ly/instagramSonia *** Snapchat: https://snapchat.com/add/
Views: 194 Sonia Figueroa
http://www.commercialpropertyadvisors.com/how-to-make-offers-on-commercial-real-estate/ Discover what no classroom would ever teach you on how to make an offer on commercial real estate. You'll learn the absolute essential things you need to make an intelligent offer, including the 4 phases you must go through BEFORE you finalize your offer. Most importantly, the lessons in this video will educate you on how to avoid overpaying as well as the dreaded negative cash-flow scenario that some commercial investors experience when they first purchase. Lastly, you'll get access to a file that step by step, shows you exactly how to make the best offer on any commercial property.
Views: 36151 Commercial Property Advisors
As he finds Skyler is dead set on getting a divorce, an unwitting Walt lands squarely in the crosshairs of a pair of Mexican drug cartel hit men set on revenge. Subscribe for exclusive content: http://bit.ly/BreakingBadSubscribe Season Three - Episode Two: "Caballo Sin Nombre" Episode Description: Walt tries to reconcile with Skyler, but when his advances are rejected he takes drastic action to bring his family back together. A confused and angry Walter, Jr. lashes out at his mother. With the help of Saul, Jesse makes a significant investment. Episode Overview: Already near the breaking point as a result of the divorce, Walt is pushed over the edge when he is stopped by an Albuquerque cop because of a broken car windshield caused by debris from the recent airline disaster. Arrested for his pigheadedness, Walt calls Hank to help him out of his jam and, after apologizing to the arresting officer, returns to his motel to find Saul Goodman, the lawyer who helped him and Jesse sell their meth supply to Gus. Though Walt wants no part of any more drug deals now that he is trying to win Skyler back, Saul urges him to keep an open mind. And to make sure Skyler doesn’t interfere, Saul sends his private detective, Mike, to follow her. Meanwhile, after returning to his parents’ house, Jesse discovers that they are putting it up for sale. In the face of Marie and Hank’s questions about the divorce, Skyler refuses to reveal anything about Walt’s involvement with drugs. As Mike monitors Skyler’s whereabouts, Saul delivers Jesse’s share of the drug deal cash and asks him to keep an eye on Walt. However, while Jesse is noncommittal about keeping tabs on his ex-partner, he does have a job for Saul. Meanwhile, at a New Mexico nursing home, the cartel hit men, the Cousins, listen as Tio Pepe, the uncle of the drug boss Tuco, fingers Walt for his nephew’s death. And as Skyler looks to put her life back together, she discovers that she still must contend with the financial misdeeds and romantic interests of her boss, Ted Beneke. Still unhappy over his dad being thrown out, Walt, Jr. comes to live at the motel. Yet, seeing it as an opportunity to talk with Skyler, Walt insists on bringing their son home. Meanwhile, on behalf of a client, Saul offers the Pinkmans half of what they are asking for their house. And after the lawyer threatens to reveal that it used to be home to a meth lab, he gets his low ball price for his client – Jesse. Finally, unable to convince Skyler to discuss his returning home, Walt breaks in after he just misses catching Mike placing a listening device in Skyler’s house – and narrowly avoids being killed when the Cousins’ mission is called off at the last minute. #BreakingBad #JessePinkman #SaulGoodman
Views: 759251 Breaking Bad Official
Here are some tips on things you can do to get your buyers offer accepted. 1. Talk to the listing agent 2. If its a new home that has multiple offers, the price should be at ask or more 3. Make everything seller's choice 4. Good deposit 5. No closing costs 6. Write a little note on your buyers so the sellers know who they are. MY PRODUCTS: http://bit.ly/2utjsw5 SCRIPTS: The Book of Yes: http://amzn.to/2upbXq7 EQUIPMENT: Editor ➳ Final Cut Pro X: http://amzn.to/2vrQLwN Camera ➳ Canon G7X Mark II: http://amzn.to/2tZIHE0 LOOKING FOR CA REAL ESTATE LICENSE PRACTICE TESTS? Go to: http://bit.ly/1O4v74b Use coupon code: LOIDAV for 10%OFF FOLLOW ME: INSTAGRAM: https://www.instagram.com/loidavelas/ TWITTER: https://www.twitter.com/loida_velas FACEBOOK: https://www.facebook.com/loidavelas MY BEAUTY CHANNEL: http://bit.ly/2epvdcB LADIES, WANT TO BE COACHED BY ME? Ready to take your business or to the next level? To apply for business coaching send me an email: [email protected] or go to http://bit.ly/2tvjfUK (serious applicants only)
Views: 6267 Loida Velasquez
In this video Eric Andrews explains the benefits of presenting an offer to purchase to a listing agent and why those offers are taken more seriously than an email. You can visit Eric's page here: http://www.ericandrewsrealtor.com/agent/
Views: 458 Pittsboro - Eric Andrews Realtor
Troy Sage Training Real Estate Purchase Back Up Offer Addendum. How to use and complete the C.A.R. form BUO When a property has multiple offers on it, the proper procedure for the sellers agent is to present all offers. Once an offer is accepted by the seller, it's the sellers agent responsibility to prepare a Back Up Offer Addendum. In California the form is called C.A.R. form BUO. Here's how it works step by step. Once an offer is presented the seller or sellers agent should initial and date the bottom of the purchase agreement in the appropriate paragraph. If the offer is accepted by the seller, then the seller will also sign in the acceptance paragraph. The same goes if there is a counter offer or a rejected offer. It's vital that the sellers agent present all offers unless advised not to and documented in the listing agreement. So, when all offers have been presented, the sellers agent needs to send the purchase agreement back to the buyers agent. This is again the proper thing to do as it gives the buyers agent proof their offer was presented, and a reply from the seller (not just a verbal or email reply from the sellers agent). Competing the BUO is very simple. The form is designed to outline the terms of the back up offer. Meaning, BUO form states clearly what position the offer will be held in, if the buyer needs to begin their due diligence, if the buyers deposit needs to be held, and how long the buyer must wait for their offer to be accepted or looked at again. If you're not using this form as a sellers agent you are not keeping your Fiduciary Duty with your seller, and you're also not keeping communication open between the seller and additional buyers. If you're a buyers agent, make sure you get this addendum back and completed if your offer is being held in Back Up Position. If the seller does not execute the BUO, you simply do not have anything to show your buyer and worse yet you have nothing in writing that keeps your offer in consideration. Feel free to contact us with any questions.
Views: 11781 Sage & Associates
In this episode, we discuss making an offer on a house, how to do it and the best tips when buying a new and resale home. 💬 Remember to get your FREE guide from the experts before buying your next home: http://stories.brookfieldresidential.com/54-proven-expert-tips-you-need-to-know-today-before-buying-a-home About this video: So you finally found the home you want to buy. What are the next steps? How do you go about buying that home? In this episode, we discuss how to make an offer on a home and the steps involved. We also explore how counter offers work and how the process is different when buying a resale versus a new home. Finally, we look at if it costs money to make an offer on a home. #firsttimehomebuyer #buyingahome #buyingahouse 👀Watch to learn more about how to negotiate when buying a new house: https://youtu.be/HtTZGRVZ1EY 👀Watch to learn more about a real estate purchase contract: https://youtu.be/nxJLfWVK3qA ✍️ Prefer to read or need to take notes? See the transcripts: https://stories.brookfieldresidential.com/homebuyersschool/how-to-make-an-offer-on-a-house-in-canada 👉SUBSCRIBE TO THIS CHANNEL to get the latest tips, strategies, and tactics for home buying: https://goo.gl/aX7gkz 📔 If you want to learn more advice and tips for first time home buyers, watch other videos in the playlist: https://www.youtube.com/playlist?list=PLTRYbItmaqW93h3CigBfSidCDiNjw0ElR 🎓 Get educated on the home buying process: http://stories.brookfieldresidential.com/homebuyersschool
Views: 332 Homebuyer's School
Don't be afraid to write an offer on a house -- an offer is not a commitment to purchase a home written in blood! In this video, I walk you through why you should think of making an offer on a house as simply throwing your hat in the ring and how there are a few ways to back out without penalty. So don't sleep on it if you like a place - write an offer! If you're just starting out looking for a home and are new to the real estate market, check out the rest of my videos to answer all your questions about mortgage pre-qualification vs pre-approval, different types of loans, winning a real estate bidding war, how home inspections work, closing costs, and everything else you need to know! Don't forget to subscribe, like, and comment with what questions you'd like to see me answer in future videos!
Views: 22 Buy With Barnes
After seeing 9 more homes this week we found we we liked enough to pursue. This house hunting journey might be coming to an end soon! ------------------------------------------------------------------------------------------------ ✔ Ibotta app: $10 added to your refund account when you redeem your first rebate: https://ibotta.com/r/xgflatl ✔ Vitacost link for $10 off your first purchase: https://goo.gl/2GfwBA ✔ ThredUp link for $10 off your first purchase (online thrifting): http://www.thredup.com/r/QZNX3V ✔ EBATES: Get $10 added to your quarterly rebate check upon your first purchase using this link: https://www.ebates.com/r/PKEELE17?eeid=28187 ------------------------------------------------------------------------------------------------ ABOUT ME: I'm a stay at home mom to two girls ages 3 and 2. I like to laugh, read, keep a clutter free home and live on a budget. Subscribe: http://bit.ly/1bFm5hH Instagram: https://instagram.com/patriciakeele This video is not sponsored. Music: Carpe Diem; Kevin MacLeod; www.incompetech.com
Views: 3599 Living Even Keeled
Eureka House How i draw up an offer to purchase on my future home
Views: 6 Eureka.House
http://www.REIClub.com When Making Wholesale Real Estate Offers, Here Are Some Investor Tips On Writing Up Your Real Estate Offer... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on structuring wholesale real estate offers. Real Estate Purchase Offers Formula Chart - Microsoft Excel - calculate wholesale offers - create tables and equations - plug in numbers, easy to replicate, free tool - 70% ARV minus profits - repairs - taking averages of your repair estimates is a good start. Profits for End Buyer Real Estate Investor - How much will room will the end buyer have? - If you take to much, not appealing enough for buyers Contract Clauses for Real Estate Offer - 24/7 access to the property - Request for key - inspectors, lenders, appraisers but most importantly your Buyers can get into the property with ease. Contingencies for Purchase Offers: For those who don't know what contingencies are: A contingency is a provision in a real estate contract that specifies the contract would cease to exist upon the occurrence of a certain event. So if anything is found to be an issue with the following contingencies, the contract would be null. - Request a 15 day inspection period -- potential deal breakers -- foundation, septic bust, pretty much any big ticket items that could destroy your investment profit. - Third Party Approval - partner, funder, etc. -- they might catch something you didn't, always great to get a 2nd or even 3rd approval as long as it's done in a timely fashion. - Earnest Money for Purchase Offer -- this is the sole remedy for non performance -- when people have their own money vested into a deal, they tend to take it a bit more seriously. Earnest Money - good faith to secure the wholesale contract - put in as little as possible $10-$100, and $500 if a real estate agent is involved - expiration date - usually 48 hours Everything in writing: - Verbal agreements do not protect you, written proof does. - your responsibility - writing and signatures of all the people who are involved in the transaction - real estate attorney - overview contract Here are 5 tips on how to handle your earnest money: 1. Never give earnest money deposit directly to seller. 2. Make the EM deposit payable to a reputable third party - real estate brokerage, legal firm, escrow company or title company. 3. Verify that the third party will deposit the funds into a separately maintained trust account. 4. Obtain a receipt. 5. DO NOT authorize release of your earnest money until your transaction closes. (includes pass-throughs) Structuring Real Estate Offers has many variables, and it will take a bit of time to fully understand the process. Just remember, as an investor making wholesale real estate offers, make sure everything that is agreed to is in writing and you have it approved by an attorney. This is the safest way to make sure your real estate investing contracts are solid, and you minimize your investment risk for every purchase offer you make. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. http://www.youtube.com/watch?v=ch9sOqh0GfI "REIClubRealEstateInvesting"
Views: 14988 reiclub