March 2015

How to Get Your Offer Accepted When Buying a Home

When you have found the home you love, your real estate agent will help you decide how to structure your offer in a way that it will be accepted. Here are some points to consider:
The amount of earnest money. This is usually 3% of the purchase price.
The down payment and financing details. Putting anything less than 20% down will most probably result in you having to pay Private Mortgage Insurance, and also will make you less competitive in a sellers’ market.

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