Evaluating the Offer

When you are considering an offer to purchase your home, make sure to look further than price alone. Sometimes, contingencies can make or break a deal. A contingency is some term that has to happen, or take place, in order for the deal to go through. One example is simply replacing a doorknob or leaving behind a light fixture. However, some contingencies are as complicated as having a buyer get approved for financing, completing a positive inspection, or even settling on a moving date.

If you are confused about what to do with an offer, yet do not want to reject it, respectfully let the buyer know your concerns. It may be a minor detail that can easily be worked out in negotiations.