aerial view of Chesapeake Bay in autumn

Preparing to Make an Offer

In preparation to make an offer, you may want to consider some of the below factors:

  • Price – Is the asking price reasonable? Have you studied the comps for homes that have sold or are currently on the market?
  • Days on Market – How long has the home been on the market? Should “days on market” be a consideration or are there extenuating circumstances?
  • Urgency – Based upon the asking price and days on market, do you think you need to move quick in making an offer?
  • Current owners – How long have they owned the property? Are you aware of any circumstances that may be motivating the sellers?
  • Financial Considerations – Is there any financial urgency to the sellers?
  • Property Condition – If you are concerned about any aspects of the property, make sure you mandate a home inspection particular to your concerns.
  • Utilities – Would you like to see current owner’s utility bills?
  • Condo or HOA fees – How much are they?