Home Buying Tip - Making The Offer To Buy

By the time you're ready to make an offer, you should have a good feel of what the property is worth and what you can afford.

How much you offer and the terms of your offer will take into consideration: the price that similar homes in the area have sold for, the condition of the property, how long the property has been on the market, financing terms, and the seller's situation.

What you offer is not necessarily what you'll pay for the property. It is usual for an offer to go back and forth between the buyer and the seller during negotiations on price and terms. So, be prepared to negotiate if you really want the property.