Wednesday, January 9, 2013

What NOT To Do When Making an Offer on an Evanston Home


A few weeks ago, we talked about the outlook for the 2013 national housing market and provided tips for preparing to buy a home this year.  It’s an exciting time for us as Evanston Real Estate agents and the team here at Shoreline Property Advisors as we see the market continue on its upward climb! 

If you’ve already been online searching for your dream home in Evanston, or you’re still debating on whether or not to buy this year, we hope you’ll let us know how we can help you along in the process.  Buying an Evanston home is a large financial decision and we understand the importance of weighing your options carefully.  That’s why we believe our property advisors would be a great help as you consider buying a home in Evanston.

You may, however, already have found your ideal home in Evanston and are ready to make an offer.  Losing the home would mean starting your search over, so we wanted to provide a few tips on what NOT to do when making an offer on an Evanston home.

1. Don’t Be Nosy- While you may be curious how much the sellers paid for their Evanston home when they bought it; it should not make a difference in what the fair market value is for the home today.  The homes past selling history is not indicative of what the home is worth in today’s market. If you want to discuss the homes’ history on the market, ask your Evanston Real Estate agent and they will be happy to talk about it with you, as well as what type of offer is an acceptable one.
2.  Don’t Disregard the Seller- There may be special requests, time issues or other various aspects that will come into play for the seller.  Don’t disregard these requests if they are fair and reasonable.  Ultimately, waiting  a little longer or closing early is not worth losing the home over.  Discuss the requests with your Evanston Real Estate agent and be willing to be flexible with the seller and their needs.
3. Don’t Lowball the Seller- If the Evanston home is fairly priced, it’s not necessary for you to make an unreasonably low offer.  Your Evanston Real Estate agent will go over the comparable homes in Evanston and help you determine a fair offer.

4.  Don’t Get Too Attached
- While you may feel strongly that this is the Evanston home for you; it’s not yours until the offer is accepted. Be patient with the process and realize that the offer could be refused.  Be prepared and have a backup plan.
5.  Don’t Become a Stalker- If you’ve made your offer, sit back and let the seller consider your offer and their timetable.  Don’t stalk them by going to their open houses, taking time to drive by the home, or contact the listing agent.  Direct any questions to your Evanston Real Estate agent and remember that patience is key!
These five tips should prevent you from making any unnecessary mistakes when making an offer on an Evanston home.  Your Evanston Real Estate agent will also be there each step of the way and will keep you well informed of the progress of your offer.
If you don’t currently have an Evanston Real Estate agent and are ready to take the next step in buying a home, or you have further questions about the market, please contact us!
We look forward to working with you!



Shoreline Property Advisors
@ Prudential Rubloff

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.