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How To Write An Offer To Buy A Home

How To Write An Offer To Buy A Home

How To Write An Offer To Buy A Home

This article looks at how home buyers and/or their real estate agents should be filling out the Contract to Purchase a home document.  Even though this focuses on the contract adopted by the Cincinnati and Dayton Area Boards of Realtors a lot of the terms are common to many contracts used to buy a home around the US.  As with anything that is outside one’s area of expertise it is highly recommended that one consult with a local real estate agent or real estate attorney to make sure the contract they are using is filled out correctly and in accordance with local requirements.

Location and Money

Probably the two most important areas of the contract include the specific location of the property and the price being offered.  Sometimes an address is not enough especially if the real estate being sold includes more than one parcel in the sale.  So while an address is highly recommended, additional information like parcel identification number (PID), property description, or some other type of identification used by the local governing agency would be important to include in the contract to purchase.  

How much is being offered is also important and the sellers will be paying close attention to that number.  When using computer-based forms one only need enter in digits the amount being offered and the computer will write out the purchase price in words so as to limit confusion.  $300,000.00 with a decimal point or comma in the wrong place can lead to some confusing numbers being thrown around.  The written words three hundred thousand dollars with “$300,000.00” typed out means less confusion as...

September 2020 Greater Cincinnati Luxury Real Estate Market Report

The median price of luxury homes in the September 2020 Greater Cincinnati luxury real estate market ticked up a small amount from August 2020.  The total amount of homes sold went down and average days on market went down ever so slightly.  The total amount of homes did see a reduction as well as homes got sold fewer homeowners decided to go on the market as well.  As the weather gets colder expect homes available for sale to slow down as well.

september 2020 greater cincinnati luxury real estate market report

About the author: The above article “September 2020 Greater Cincinnati Luxury Real Estate Market Report” was provided by Luxury Real Estate Specialist Paul Sian. Paul can be reached at paul@CinciNKYRealEstate.com or by phone at 513-560-8002. If you’re thinking of selling or buying your investment or commercial business property I would love to share my marketing knowledge and expertise to help you.  Contact me today!

I work in the following Greater Cincinnati, OH and Northern KY areas: Alexandria, Amberly, Amelia, Anderson Township, Cincinnati, Batavia, Blue Ash, Covington, Edgewood, Florence, Fort Mitchell, Fort Thomas, Hebron, Hyde Park, ...

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