It’s no secret that in today’s market, buyers are looking for a great buy.

One of the ways a buyer is able to get a better than average buy is by making his/her offer appealing in every way possible, leaving price the only issue left to negotiate. Here are some thoughts to consider:

1. LETTER OF INTRODUCTION – A savvy buyer will include with the purchase agreement a strong letter of introduction, that is humble and well written, explaining to the seller your motivation, how much you like the property, and what special appeal the house has for you. State exactly why you feel it is the right house for you. Sometimes sellers who have lived in their homes for a long period of time appreciate knowing something about who you are, if you have a family and children, what type of work you do, and how you came to know about this property.

2. ESCROW PERIOD - Allow the length of the escrow to be the seller’s choice; not less than 30 days, not longer than 120 days. Request to be notified of the actual date upon the acceptance of your offer.

3. ESCROW COMPANY AND TITLE COMPANY - Allow the seller to choose any reputable, competitively priced Escrow and Title Company.

4. DEPOSIT AMOUNT - Give a larger initial deposit. Consider a deposit in excess of the standard 3% to put extra strength behind your offer.

5. LOAN CONTINGENCY - If you have complete confidence in your ability to absolutely obtain your needed loan, eliminate the contingency entirely. For most people, this may be somewhat bold. If this makes you uncomfortable, promise a letter of prequalification within 5 business days and full loan approval within 21 business days.

6. INTEREST RATE - If you have written a loan contingency, allow some leeway in the rate limit. Proceed by getting the best available rate, but build additional confidence with the Seller that you are not planning to back out on a technicality.

7. DOWN PAYMENT - If you are able, offer a sizable down payment to show additional strength to your offer, but leave yourself the option to adjust it after your loan contingency has been met.

8. OTHER CONTINGENCIES - Keep contingencies to a minimum. The most frequent contingencies to a standard agreement are approval of the physical and sometimes geological inspection, approval of the preliminary title report and a standard loan contingency. Try to eliminate additional contingencies.

9. INSPECTIONS - Consider having an inspection in advance so that you can eliminate the contingency and purchase the property “as-is”, otherwise keep inspections to a time of not more than seven business days.

10. BUYING IN “AS-IS” CONDITION - Agree to accept minor and cosmetic issues in “as-is” condition and limit your inspection concerns to major issues. Agree to be reasonable and timely.

11. INCLUSIONS AND EXCLUSIONS - Don’t ask for appliances or personal property that are not included. Allow the owner to keep any fixture that may have sentimental value, provided it is replaced with one of similar value or accept a cash allowance.

Try your very best to write a clean offer that gives the seller a great deal of confidence in your strength as a buyer. Provide comparable sales and have a knowledgeable broker represent you.

It’s no secret that in today’s market, buyers are looking for a great buy.

One of the ways a buyer is able to get a better than average buy is by making his/her offer appealing in every way possible, leaving price the only issue left to negotiate. Here are some thoughts to consider:

1. LETTER OF INTRODUCTION – A savvy buyer will include with the purchase agreement a strong letter of introduction, that is humble and well written, explaining to the seller your motivation, how much you like the property, and what special appeal the house has for you. State exactly why you feel it is the right house for you. Sometimes sellers who have lived in their homes for a long period of time appreciate knowing something about who you are, if you have a family and children, what type of work you do, and how you came to know about this property.

2. ESCROW PERIOD - Allow the length of the escrow to be the seller’s choice; not less than 30 days, not longer than 120 days. Request to be notified of the actual date upon the acceptance of your offer.

3. ESCROW COMPANY AND TITLE COMPANY - Allow the seller to choose any reputable, competitively priced Escrow and Title Company.

4. DEPOSIT AMOUNT - Give a larger initial deposit. Consider a deposit in excess of the standard 3% to put extra strength behind your offer.

5. LOAN CONTINGENCY - If you have complete confidence in your ability to absolutely obtain your needed loan, eliminate the contingency entirely. For most people, this may be somewhat bold. If this makes you uncomfortable, promise a letter of prequalification within 5 business days and full loan approval within 21 business days.

6. INTEREST RATE - If you have written a loan contingency, allow some leeway in the rate limit. Proceed by getting the best available rate, but build additional confidence with the Seller that you are not planning to back out on a technicality.

7. DOWN PAYMENT - If you are able, offer a sizable down payment to show additional strength to your offer, but leave yourself the option to adjust it after your loan contingency has been met.

8. OTHER CONTINGENCIES - Keep contingencies to a minimum. The most frequent contingencies to a standard agreement are approval of the physical and sometimes geological inspection, approval of the preliminary title report and a standard loan contingency. Try to eliminate additional contingencies.

9. INSPECTIONS - Consider having an inspection in advance so that you can eliminate the contingency and purchase the property “as-is”, otherwise keep inspections to a time of not more than seven business days.

10. BUYING IN “AS-IS” CONDITION - Agree to accept minor and cosmetic issues in “as-is” condition and limit your inspection concerns to major issues. Agree to be reasonable and timely.

11. INCLUSIONS AND EXCLUSIONS - Don’t ask for appliances or personal property that are not included. Allow the owner to keep any fixture that may have sentimental value, provided it is replaced with one of similar value or accept a cash allowance.

Try your very best to write a clean offer that gives the seller a great deal of confidence in your strength as a buyer. Provide comparable sales and have a knowledgeable broker represent you.