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The Anatomy of an Offer – Part 3

Offer_Contingencies

Part I of this 3-part series on Offers discussed the offer price, while part 2 discussed the numerous dates associated with the offer. This final piece discusses the various contingencies, if any, that are associated with your offer. So what is a contingency? Simply put, it’s a condition that must be met in order for you to agree to proceed with the purchase of the property. There are some standard contingencies that are frequently included … Read more…

The Anatomy of an Offer – Part 2

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In Part 1 of this 3-part series, we discussed the most obviously important aspect of your offer – the PRICE! This month we’ll cover a less obvious but equally important topic – the DATES. When making an offer on your Cape Cod home, there are numerous dates that must be identified and all are important. Here’s a quick description of each. Expiration – This is the date and time at which the offer expires. The … Read more…

The Anatomy of an Offer – Part 1

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You’ve been looking for months. You’re already pre-approved for a mortgage. You FINALLY found the right home. Now what? Well it’s time to put your money where your pen is and write up an offer! The offer tells the Seller the terms under which you would like to purchase his home. The key elements to an offer are price, dates, and contingencies. We’ll take a look at each separately in this 3-part blog series! The … Read more…

Overview of the Cape Cod Home Buying Process

HomeBuying

If you are a first-time homebuyer, or have not bought a home in a very long time, perhaps you need a refresher on the basics of buying a home. Here are the general steps that apply to most home purchases. Your Buyer’s Agent, Mortgage Lender, and Attorney will be working with you throughout the process to meet all deadlines, protect your deposits, and ultimately assist you in the successful purchase of the home. So let’s … Read more…