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Unique and Luxury Homes: Gwynedd, Springfield Township and Upper Dublin Township Pennsylvania home buying, real estate listings, and homes for sale in Montgomery County, PA
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Real Estate Tips
Accepting An Offer >Offers and Counter Offers

Many of the offers real agents submit for prospective buyers aren't exactly what the sellers want. The price may be lower than they are asking or there might be terms included in the offer that will require negotiation. What happens after the offer is submitted?

The seller's real estate agent will present the offer to the sellers, along with the buyer's qualifications. If the sellers accept the offer, then a purchase agreement is written and signed by both parties. If the sellers counter the offer, the next action is initiated by the buyers when they make a response, either accepting the counter offer or countering it with yet another figure. If you want to buy a particular house, your chances of succeeding are greater if your initial offer is as close to the asking price as possible. You could save money by engaging in lengthy negotiations, but you run the risk of losing the home if a more attractive offer comes in from another buyer.

See All Tips In The "Accepting An Offer" Category >
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Real Estate Trivia
Q 
What does the abbreviation PITI stand for?

A 
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
See More Real Estate Trivia >

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The Ron and Carol Young Team, REALTOR®, real estate agents and broker for Gwynedd, Springfield Township and Upper Dublin Township Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

Ron and Carol Young
Keller Williams Real Estate

910 Harvest Drive
Suite 100
Blue Bell, Pa. 19422
Main: 215-646-2900 x 6088
Ron Cell: 267-408-2306
Carol Cell: 215-519-6304
Fax: 215-974-7111
Email: ronandcarolyoung@kw.com

Ron’s Associate Brokers License: AB065689 Carol’s Realtor License: RS135052A

ABR CRS Equal Housing GRI MLS REALTOR SRES


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