How To Make An Acceptable Offer

Ever wonder how to make an offer on a house that will be accepted? Well now is your chance to find out. Offers can be broken down into three different financial categories:

1. All-Cash Offer. Cash purchases are always favored by any seller. Who wouldn't want cold, hard cash in their hand? And in today's real estate market, an all-cash offer is becoming even more appealing. Cash offers also eliminate the need for a bank appraisal.
2. Non-Contingency Offer. If you don't have the means for an all-cash purchase, as many of us probably do not, a non-contingency offer is going to be the next best thing. In order to do this, you should be pre-approved for a mortgage and have your current house already in contract. This will give the seller the confidence that you are already a qualified buyer who will be able to complete your purchase.
3. Contingency Offer. Some buyers start the process of looking for a new home before their current home is sold. This may cause problems. If you find the home you were hoping for, it may be difficult to get your offer accepted because you not actually qualified to buy. In today's environment, asking a seller to hold until you sell your own home is somewhat unreasonable.

information provided by The KCM Blog.

You don't want to miss out on the opportunity to purchase the home of your dreams, so be sure you are ready to place an offer they can't refuse!