When evaluating an offer for your home, it's important to consider both the price and the terms to ensure you get the best deal possible. Focusing solely on the price may cause you to overlook favorable terms that could benefit you as the seller.
Here are some terms that could work in your favor:
Higher-than-market-interest in a second mortgage for your home.
Buyer pays for most or all of the closing costs.
Buyer takes responsibility for repairs.
Quick close - the buyer is pre-approved and ready to close within a timeframe that suits your needs.
All-cash deal.
When reviewing offers, take the time to carefully assess the entire package. Look at the terms being offered and consider if they align with your needs and goals as a seller. Don't rush, and make sure you fully understand and evaluate all aspects of the offer to make an informed decision. Remember, getting the best price and terms for your home is the ultimate goal.
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