Category: Buying A Home
Always Pursue a Backup Offer
As a buyer, If you make an offer to purchase a property and don’t get it – always try to negotiate a backup offer. This is an offer that’s negotiated right after another buyer has gotten the property under contract with the seller. Even though it’s a bit of a long shot it’s worth pursuing…
The Power and Risk of the Escalation Addendum
Here’s a quick home buyer tip about The Escalation Addendum In this market it’s very common for several buyers to compete for a single property. To help buyers stay competitive the Maine Association of realtors has created an Escalation Addendum. This addendum essentially allows a buyer to bid up their offer price incrementally to a…
Good News for First Time Home Buyers
I really enjoy teaching the real estate agent section of the hoMEworks First Time Home buyer classes for Avesta and YCCAC in Southern Maine. If you’re in one of these areas and thinking of buying your first home you should take this class. Links to these programs are at the bottom of this post. To…