Once you’ve found your dream home, it’s time to make an offer! Depending on the market, you might need to fill out your purchase agreement in the driveway, or you might have a bit more time. Either way, you will want to make sure you and your realtor have done your research. Your realtor will need to check out comparable homes to help guide you in offering an appropriate price. You will also want to consider if you are going to ask for help with closing costs or ask for a home warranty. Both of those are items that affect the sellers bottom line and something you will want to be cognizant of.
Other items to be aware of in a purchase agreement are HOA docs, inspection times, sellers disclosures and lead based paint documents. Your realtor should review the entire purchase agreement with you before you sign anything, but it is your responsibility to ask any questions you have.
Don’t let your realtor push you in to a home that you aren’t ready for or force you to sign a document you don’t understand. No matter how fast the market is moving, your realtor should have YOUR best interest in mind throughout the entire process.