3 Key Terms That Make a Home Offer Stand Out
When it comes to buying or selling a home, most people focus on one thing: the price. While price is important, it’s not always what wins the deal. The truth is, the terms of an offer often matter just as much—sometimes even more. If you’re thinking about buying or selling, here are three powerful terms to keep in mind that can make an offer stand out from the rest:
1. Appraisal Waiver
For buyers, an appraisal waiver can be a game-changer. By waiving the appraisal contingency, you’re telling the seller that you’re confident in the value of the home and are willing to move forward regardless of the appraisal outcome. For sellers, this reduces uncertainty and the risk of the deal falling apart if the home appraises for less than the contract price.
2. No Financing Period (for financed offers)
Most financed offers include a period of time where the buyer can terminate if their loan falls through. Waiving this financing period shows the seller that the buyer’s financing is strong and ready to go. This gives the seller peace of mind that the deal is less likely to collapse due to lender issues.
3. Short Inspection Period
A long inspection period can feel like a waiting game for sellers, adding stress and uncertainty. By offering a shorter inspection period, buyers show they’re serious and ready to move quickly. This keeps the momentum going and reassures the seller that the transaction won’t drag on unnecessarily.
Why It Matters
As a buyer, strengthening your terms can help you stand out in multiple-offer situations. As a seller, knowing which terms to look for can help you choose the most secure and reliable offer—not just the highest one.
If you’re planning to buy or sell, let’s talk about how to structure an offer (or review one) that puts you in the best position possible. Contact me today to start the conversation and take the next step toward your real estate goals.
