Anything extra that you should do when buying a home

[Bill Douglas]

Originally Posted by Por_sha911

I told them that my offer was now non-negotiable and off the table in 24 hours so take it or leave it.

That's what I always do to (alpha dog) get control of the situation.

[wildthing]

Just putting this out here: https://www.fool.com/podcasts/answers/2019-04-09-foolish-guide-to-buying-a-home/

[vmb]

Make sure your name is spelled correctly on all documents at closing. After 10 years of ownership I just got the county records fixed last week. I often wanted to decline paying the property taxes which were addressed to "some other guy."

[cabmandone]

Originally Posted by masraum

I'm not sure if there's a time limit on the offer.

I'd like to withdraw the offer, but we're going to keep looking around until we get a response.

If we don't get this one, it just wasn't meant to be.

Don't you have a copy of the purchase offer? Take a look. Somewhere there should be a time period the offer remains open for consideration. The problem you have if your offer doesn't have an expiration (would amaze me if it doesn't) is that you're locked into this offer until the sellers decide to let you out of it. When I was a Realtor I always made sure my offers were open for no longer than 24 hours and I always presented the offer to the sellers with the listing agent.

[masraum]

Last night we told our guy to make another offer for a few $ more and put a time limit on it. The offer was accepted this morning.

[KFC911]

Well played sir!

[Baz]

Originally Posted by masraum

Last night we told our guy to make another offer for a few $ more and put a time limit on it. The offer was accepted this morning.

Congrats, buddy! Please keep us posted as thing move forward!

[masraum]

Thanks everyone. You've all provided me with lots of good info.

We have the contract and now so does our lender.

I've requested an inspection with Pazuzu's inspector (thanks, Mike).

We're pretty stoked.