When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
Rick Tressler walked us through what was by far the most complicated financial transaction of our lives. Having bought our house in the dizzying highs of the market and needing to sell in the pit of the lows was an unsettling experience. Rick Tressler had the patience to navigate us through an astoundingly long and Byzantine selling process full of complex maneuvers. In the end, he also had the wisdom to let a buyer go who was too demanding even when our family had no energy left to fight the buyers’ unreasonable demands. We had a new contract on the house within days with much better terms. Rick’s brave decision to march forward with confidence came from the depth of his experience. It is in moments like these that you realize what makes a great realtor. Rick is one of them. His patience, faith, and generosity are unmatched by any other that I have encountered.Ravi and Kelley, Orlando, Fl