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Making An Offer On A Lake Tahoe Home: Step By Step Process

April 21, 2016 by pdelilli Leave a Comment

How to make an offer on a home for sale in Tahoe Keys seems like such an obvious thing. You find a house, come up with a bid to buy, write a contract with your Tahoe Keys Realtor and then submit it to the seller’s realtor and then hope for the best…..right? Yes, but it is actually much more involved. In fact, probably more so now than ever with the flood of buyers and the low inventory (also known as a seller’s market). It isn’t just about the dollar sign anymore. Terms also play a huge role. So how can you make an offer on a home for sale in Tahoe Keys? Read on!

When it comes to making an offer on a Tahoe Keys house for sale, you will want to get noticed. After all, this is one of the most sought after neighborhoods within city limits. With the private beach, sports courts, pools and boat docks that give you instant access to the Jewel of The Sierra, it is really not hard to see why. With so many people eyeing Tahoe Keys property for sale, you will want to first make sure you pick a qualified Tahoe Keys realtor. Someone who specializes in Tahoe Keys real estate will likely already know details on the house and the sellers. Inside knowledge comes in handy for more than just the price. It comes in handy for terms as well. I have discussed beating out cash buyers in previous blogs and one of the best ways is offering terms that are appealing to the seller. Do they need to stay longer? Do they want a quick close? Do they want to sell furnished? Are there issues with the house that need fixing that you just so happen to be an expert in? These are all details that your Tahoe Keys realtor may already know, or can find out real quick before you make an offer. Once you have hashed out the price and the terms, do not go far. You will want to be able to quickly communicate with your Tahoe Keys real estate agent during the negotiation process so that any changes that need to be made are done so quickly. Typically, Once the counter offering (if there is any, which there likely will be) is complete, there will be an inspection. How many inspections? That is hard to say but the most common ones are structural, pest, boundary surveys and appraisals to determine the homes value for your loan. These can change the offer on the Tahoe Keys home for sale, sometimes in your favor and sometimes in the sellers. This means the offer will need to change again, making it a little more involved than simply coming up with a number, signing some paperwork and clicking “send”.

Want more information on how the offer process works or have general Tahoe Keys real estate questions? Call me at 530-308-4331.

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Peter Delilli

Lake Tahoe Real Estate

(530) 308-4331|Contact Peter
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