Molly Schulz

There’s more to a purchase offer than just the money… As a seller, you’ll probably get multiple offers on your home all with different things to consider.

But which one should you choose?

Here are 4 factors to keep in mind.

1. Financing method. Do you want the ease of a cash sale or are you okay with a financed mortgage? If you have a strong preference for how the house is financed, definitely consider that in your offers!

2. Earnest money deposit. The larger the earnest money deposit, the more serious the buyer typically is.

3. Contingencies. Some offers will have lots of contingencies–to make your life easier, you’ll want to consider the offers with fewer contingencies.

4. Timeline. Some buyers might want a lot of time before the closing day while others might request less. Choose the offer that best fits with your ideal timeline.

There’s so much more than just money when it comes to offers! But don’t worry: your agent will help you analyze and choose the best offer that fits all of your needs.

Mortgages can be confusing and intimidating–especially if it’s your first time buying a home.

There are so many different home loan options out there, each with its different pros and cons.

Here’s a quick cheat sheet on the different types of home loans!

Fixed-rate mortgage: this is typically a 15 or 30 year mortgage with a fixed interest rate. Your monthly payment will stay the same through the entire term of the loan. These loans work well for many people, and they’re the most popular kind!

Adjustable-rate mortgage: These mortgages have interest rates that increase and decrease with the market. While this can be risky, it’s a good option for people who won’t be in their homes for years and years.

VA loans: If you or your spouse are a member of the military or are a veteran, this is a great loan option that’s guaranteed by the government.

FHA loan: This loan helps first-time or low-income buyers buy a home with a small down payment.

USDA loan: if you’re buying a home in a rural area, the USDA loan lets you put little to no money down and can get you a low interest rate as well.

Whatever your situation, there’s a home loan out there that can help you get into your perfect place.

If you want to learn more about mortgages, send me a DM and I’ll hook you up with one of my trusted lenders!