You need to work with a trusted loan officer / lender to know what you can and cannot afford, then you need a good local Realtor you trust and you have a wonderful communication with and who understands what you
are looking for in size, style, location and price, and then do not buy without a real estate attorney who will
look over the real estate contract to protect your investment and your interests.....
And remember part of the Realtor's job is negotiating on your behalf.....
Do not do this on your own!
Good Luck a happy 2012
Edith YourRealtor4Life~! and your Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, buyers, sellers and investors alike....
Edith Always goes the X-tra Mile with a Smile for her clients!
Referrals of your friends, family and acquaintances are always highly appreciated
Happy New Year!
Happy New Year!
Have you seen this house with a Realtor? You do need to be working with an agent to write and present the offer and this agent should also be advising you as to market values and what to do with your offer.
If you need representation, I, too, would be happy to help.
After we go out and look at 5 or 10 others and you get a better feel for what your options are, you may want to start at 165K, until we find out if there are other offers, then you may have to kick it up a notch.
You send the offer to FNMA's agent & then wait a few days for a reply, either yes - no or counter. Most of the time there is no counter only a rejection of your price.
To offer on the property you need an agent. Since you already have the property picked out, I can offer you a sizable rebate. A rebate would also allow you to increase your offer amount, if necessary. Please contact me if you are interested in working with me. I would love to help.
Anthony Cavalea IV
Managing Broker / REALTORÂ®, SFR
Able Realty, Inc.