How to make an Offer to Purchase
Making the offer
How much should you offer? That depends on many things. It’s rare to offer the seller’s asking price, but, then again, if there aren’t many properties on the market, you may be in competition with another buyer and end up offering more than the asking price.
There are many factors that may influence the amount you would offer for a home:
- how much you have to spend
- how badly you want the house
- how many other buyers are interested
- how motivated you think the seller is
- how much work might need to be done on the house
- how the property compares with other similar properties
