The Importance of Understanding Price vs. Terms and Conditions
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As a real estate expert, I have seen many sellers make the mistake of focusing solely on price when it comes to accepting offers on their homes. While price is certainly an important factor, there are other considerations that can have a significant impact on the deal, such as possession dates and conditions. If you are selling your home, it is important to look beyond just the price and consider the terms and conditions of the offer as well. For example, an offer that is lower than your asking price, but has a quick closing period and no contingencies, may be more attractive than a higher offer with a longer closing period and multiple contingencies. It all depends on your needs as a seller and the contribution of the buyers.
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When considering buying a new home, there are a few options to choose from. You can opt for a brand new home that is already built, build a home from scratch, or purchase a home that is in various stages of construction. Each option has its own set of pros and cons, and it's important to weigh them all before making a decision. In this blog post, we'll be discussing the pros and cons of each option in detail.