Home Buying in 19119>Question Details

Stiffa, Other/Just Looking in Philadelphia, PA

I am putting together an offer for a house without an agent in Philadelphia. Any advice?

Asked by Stiffa, Philadelphia, PA Sun Jun 9, 2013

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7
Interesting the way you worded that:
What exactly are you "putting together"?
How long are you going to give them to respond?
Do you have access to the Comps?
Have you done the CMA on your subject property?
Do you the condition and upgrades of those Comps.
Do you what, if any, concessions were made?
Do you have your Pre-Approval letter? Made out for the Offering Price?
Do you have a Purchase Agreement?
Do you know how long your Escrow will be?
Do you know who will handle the Escrow?
Do you know which Contingencies you will withhold?
Do you know which Inspections you will do?
Do you know who will do them?
Have you determined the Includes/Excludes?
Do you know how you will handle Section 1 and Section 2 repairs?

There's your advice.
2 votes Thank Flag Link Sun Jun 9, 2013
any advice?

yes....................

read ALL the advice below.......read over Ron's list a few times........if you feel confident you have it all covered........then, good luck with your purchase!
1 vote Thank Flag Link Sun Jun 9, 2013
Good luck. The road to settlement may be smooth and if so, you're very lucky. Why aren't you using a buyer's agent? You don't normally have any out of pocket costs for one and your rights will be protected. The deals in that last few years have been loaded with pitfalls that if you do not have training or do this very often, you can be hurt financially. Why not ask friends, family or co-workers if they can recommend a buyer's agent that is honest and reliable. You'll be much better off.
1 vote Thank Flag Link Sun Jun 9, 2013
Looking at a home and making a verbal offer are only "baby steps" in the buying process. People that place themselves in this vulnerable position without a clear appreciation of what is involved are embracing enormous risk. You may want to reconsider.......
1 vote Thank Flag Link Sun Jun 9, 2013
listen to the experts. You have gotten good advise. Pay attention to it.
0 votes Thank Flag Link Sun Jun 9, 2013
Yeah. Use an agent. It's free to you. There are many things that could wrong, I can't even begin to tell you. I have heard stories. I jut had similar people come to me. They were shocked what the didn't know. They would have overpaid and not been protected at all.

Would you try to perform surgery on yourself or hire a doctor?

Eric Axelson, 856.617.1213
axelson@kurfiss.com, SellingPhilly.com
Web Reference: http://SellingPhilly.com
0 votes Thank Flag Link Sun Jun 9, 2013
free advice. use plenty of glue and don't forget to screw the corners. yea. you get what you pay for.
0 votes Thank Flag Link Sun Jun 9, 2013
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