Home Buying in 30518>Question Details

Pwonco, Home Buyer in 33027

how make an offer in cash,what I need to do?

Asked by Pwonco, 33027 Sat Apr 23, 2011

what paper do I need to fill out.......

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11
Did you get that part about working with an agent?

Did you make the offer?

This is quite simple - as a matter of fact, with one google search, I found the paperwork that you need and you can buy it on the internet for $9.97. See the web reference...

Go get 'em Pwonco!
0 votes Thank Flag Link Sat Apr 30, 2011
Most houses that are listed by owner will pay some sort of fee to an agent and that is your best protection. We have all the documents you need. Congratulations on your purchase!
0 votes Thank Flag Link Sat Apr 23, 2011
Pwonco: Get the most for your money - hire a buyer agent to represent you. It will cost you nothing and you get the benefit of training and experience that you don't have. Good luck.
0 votes Thank Flag Link Sat Apr 23, 2011
If the home is listed for sale with an agent, it cost you nothing to have your on professional agent represent you in the transaction. I would recommend that, also insure you have a due diligence contingency in the contract also and hire a professional home inspector
0 votes Thank Flag Link Sat Apr 23, 2011
Pwonco,
Work with an agent. They will have all the necessary paperwork to assist in your purchase. They can also explain the paperwork and the process.

All the best,
Gary Geer

http://www.GaryGeer.com
0 votes Thank Flag Link Sat Apr 23, 2011
Consider working with an agent of own or hire an attorney for all related paperwork--before making your offer, do review comps--recently sold similar properties in the immediate area, so not to overpay...
0 votes Thank Flag Link Sat Apr 23, 2011
Making an offer to purchase in cash will require the same paperwork as an offer in which you need to get a loan. The difference is the way you structure the offer, because you do not need a loan you don't have to put as many conditions in the contract. The could mean that you get the home at a better price then someone who needed to get a loan.

If you are making a cash offer you really should have a Buyers Representative help you with the transaction. A good Agent will help you come up with a good offer price and negotiation stratagy. You really need to make sure that you protect yourself since you will not have a lender ordering title searches, appraisels and proofreading documents.

To set up a Buyers Consultation give me a call 678-318-4972
0 votes Thank Flag Link Sat Apr 23, 2011
Besides working with an agent to help yuo with the offer, be prepared to provide proof of funds to show you have the finances to complete a cash offer.

Although cash talks, you should also know that cash doesn't always win. There are terms and conditions that sellers will weigh to determine the highest and best offer.

For example, when ofering cash, you will obviously don't have the loan approval/appraisal contingencies....but you are still entitled to do your inspections and walk-through. You can also negotiate on other terms such as transfer taxes, compliance with government requirements, escrow fees.

Work with your realtor in formulating a strategy to present your cash offer in the best possible and strongest negotiating position.

Good luck!
0 votes Thank Flag Link Sat Apr 23, 2011
If you don't want to hire an agent, Pwonco, get a Purchase Agreement together with any contingencies you feel necessary, and submit it to the other side with an earnest money check. Then wait for a response. Or call on someone to assist you. Either way, Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.SellsRealty.org
0 votes Thank Flag Link Sat Apr 23, 2011
What you really need to do is get with an agent and let the agent fill out the appropriate paperwork for you. There's still a lot that you need to know, and a lot that you're going to need to make sure you protect yourself on, especially in regards to earnest money, which with a cash offer is probably going to need to be substantial. If you need somebody to help you with that area, let me know.
0 votes Thank Flag Link Sat Apr 23, 2011
What you really need to do is get with an agent and let the agent fill out the appropriate paperwork for you. There's still a lot that you need to know, and a lot that you're going to need to make sure you protect yourself on, especially in regards to earnest money, which with a cash offer is probably going to need to be substantial. If you need somebody to help you with that area, let me know.
0 votes Thank Flag Link Sat Apr 23, 2011
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