Posted on December 8, 2017 - 03:11 PM
by Josue Galindo
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
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Josue's Knowledge, experience, and patience made all the difference for us when buying our first Foreclosure. He helped us out with translating the whole process in our native language Spanish. He also showed us a great product at the time that saves us thousands of dollars on our rehab, and closing cost. I would recommend him to anyone who is looking for a bilingual agent.Pedro
Josue was awesome dealing with our loan officer and helped us buy our first new home. Everything went smooth! D. Kevorkian