Dated: 01/10/2015

Views: 308

Here are a few ways you can make your offer on a home look great and stand out to the seller. 

From Experience as an REO (Foreclosure Listing) Broker and handling multiple offers on homes for over 6 years . There is a common thread that is part of writing a successful offer to purchase a home.  

Upon reviewing and answering over 1000 Offers presented to the Banks on their properties there are some items that cannot be ignored.  

1.  Prove your ability to pay, whether you have evidence of a loan approval or cash. 

2. Put down enough earnest money to make your offer attractive for the seller. It's crucial that you have a pre-approval and have your financial house in order.  Loan programs change every week and your agent should be staying abreast with the market conditions for financing.

3,  Offer a realistic sum for the home that you think the seller might accept. Do not get your comps from Zillow, they tell you right on their site that the comps are not accurate. Sales and Pending Comps from the MLS are the accurate factual data that should be considered when making an offer. Looking at the wrong data can cost you to loose the house you want and end up costing you lots mImage titleore money on pricing or changes in interest rates.

4.  Don’t include too many terms, conditions and contingencies.  These might make your offer seem less desirable for the seller. Only include those you really need or want. Make a clean offer and any seller will look at as reasonable requests regarding inspections. Knowing the ins and outs of what is customary and realistic can mean the difference in getting your offer selected.

5. Humanize yourself to the seller. Write a personal introduction to the seller where you state somefacts about yourself you think are worth knowing. 

Hope this helps!Thanks for reading. Arna Freedman, a Real Estate Broker representing buyers and sellers in South Orange County cities. 949-244-0444


Blog author image

Arna Freedman CA BRE#00925320

Real Estate Services You will love! We make the process for you. Your transaction will go smoothly, you can rest knowing that you're interests will be represented and will yield you the best price pos....

Want to Advertise on this Site?

Latest Blog Posts

Tips To Help You Determine If Your Financially Ready To Take On A Mortgage

Thinking of buying a home? Not sure where to start? In this video I discuss some ways to help you determine if you are financially ready to take on a.

Read More

Owning A Home Pays In 7 Ways

Owning a Home Pays in More Ways than Just Tax BenefitsTax benefits. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved

Read More


FHA home loans are for any financially qualified borrower. You don’t have to earn a minimum amount of money, and there is no maximum income limit for FHA mortgages. There may be a perception that

Read More

Beautiful Ocean View Property Just Listed

231 Via San AndreasSan Clemente, CA 92672 4 Bed | 3 Bath | 2425 sqftThis Custom construction residence offers PANORAMIC Ocean Views along with the coveted Catalina Island View. Additional views

Read More